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

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To: Nanda who wrote (9972)3/10/1998 9:36:00 PM
From: stevedhu  Read Replies (1) of 13949
 
Nanda I am posting this to you because you are on more than one y2k thread and into the stocks and research quite a bit.
A good friend of mine is over all loans, including government loans at a major university. I brought up the question of y2k to him and he said it, a major problem, however his university is changing over both it's hardware and it's software so it wouldn't be a problem for them, but that other universities weren't so fortunate. Today I got a call from him telling me of a note he gotten from the College Board at the Government Affairs Office, it stated that "only 63 of 8600 computers in the Senate are equipped to handle the year 2000 problem" and according to Bob Bennett, Republican from Utah " failure to fix the problem could result in a 50/50 chance of causing a world wide recession, because the world economy is based on information".

Thanks for your posts and others as well, wishing I hadn't sold CBSL at 36 and SYNT at 34 1/4 oh well that's life, but 350 and almost 200 % isn't bad for this rookie.
Steve
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