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Technology Stocks : Compaq
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To: E.H.F. who wrote (23204)3/24/1998 1:36:00 AM
From: Nicholas  Read Replies (1) of 97611
 
In addition to the doomsday effect on the market, we may also see companies suffering from the Y2K bug suing hardware and software companies to recover for damages suffered. Whether the companies are liable is another issue, but IMO, it could slow down growth under the legal mess that will ensue.

Check this out:

"Compaq may see an increase in warranty and other claims as a result of the Year 2000 transition. Such claims, if successful, could have a material adverse impact on future results."

compaq.com

Nicholas
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