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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud

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To: David Eddy who wrote (428)1/3/1998 11:16:00 PM
From: Bill Wexler  Read Replies (3) of 1361
 
That's because there is zero evidence that the so-called "Y2K" problem is as widespread or disastrous as the hypesters make it out to be.

This pseudo-crisis gets a lot of press because it appeals to the technically illiterate. The whole point of my thread is that this issue is visible because it is merely a high-tech version of millenial apocalypse superstition.

I still maintain that there is nothing magical or mysterious about the millenial date change. There will be no computer crisis.

Certainly a lot of these small, grossly-overvalued consulting firms have managed to get their foot in the door with Y2K "assesment" contracts, but I maintain that this is simply a wedge to sell other types of consulting services.

I still strongly recommend shorting all the Y2K-specific companies listed at the top of this thread.
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