To All:
I started this post earlier today, but got called away with the ring of the phone. Glad for that now.
What I was going to write, tho I felt a little premature, was that I sense a change in the tone of y2k reports in the media. It is no longer being laughed at/about, ever since Xmas. It now is being taken as a real problem.
A good example is the number of posts this evening from others about the problem. Another example is the ABC Evening News tonite, with a very brief and very superficial report on y2k. Even to the extent of the reporter saying the solution is a simple software fix.
A follow up report on Ed Yardeni failed to build on the problem, altho it did at least show him predicting problems from the y2k problem. They didn't deal with the recessionary implications of the problem.
Despite the superficial nature of the reporting, I detect a change in the coverage of y2k. The media is looking for a new crisis to trumpet, and once the herd mentality sets in, they will all be in a quandry about the problem, no doubt wondering why corporate America has hid the problem for so long, etc, etc.
Suffice it to say I view this as a vey positive development for TPRO.
Comments, please.
GO TPRO!!!
KLN |