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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote (865)	1/15/1998 9:41:00 AM
From: C.K. Houston	Read Replies (2) of 9818

U.S equity market will decline by 25% to 30% by end '98 from year2000-discuss@year2000.com "CHICAGO (January 12, 1997) - The U.S equity market will decline by 25% to 30% by the end of calendar 1998, due primarily to the Year 2000 computer problems, according to The Millennium Investment Corporation. Details of this bear market forecast were released today in a report circulated to the investment community by Dennis G. Grabow, founder and CEO of Millennium, the Chicago-based Year 2000 institutional financial advisory firm. In this forecast report, Grabow urges investors to realize the financial impact that the Year 2000 computer problem will have, not only on U.S. equity markets, but markets around world. He further advises investors to begin developing a financial strategy that protects assets and is responsive to the unique opportunities in the market."

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