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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Jeffrey S. Mitchell who wrote (8644)1/2/1998 7:07:00 AM
From: Gerald Underwood  Read Replies (1) of 13949
 
<<Then I heard that "other" guy on Moneyline (Robert MacManus or something) say if you hear any companies saying they are spending millions on fixing their Y2K problem, short their stocks". Ummm... if that's the prevailing wisdom then no company in their right mind is going to say squat about their Y2K situation until it's finished.

Jeff,
I don't think there is going to be much choice when SEC mandate for company reporting of y2k risk assessement starts to kick in.
Companies might well be in better shape to get this disclosure out before their investing public in contract announcements with major y2k remediation oursourcing firms to establish a proactive position.

Gerry
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