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Technology Stocks : Discuss Year 2000 Issues
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To: Dan Hamilton who wrote (1272)3/24/1998 5:31:00 AM
From: John Mansfield  Read Replies (1) of 9818
 
USATODAY: Ed Yardeni quoted

`Edward Yardeni, the Wall Street economist who has emerged since
last year as a leading Y2K voice, said last week that he had raised his
projected probability of a recession induced by the problem from 40%
to 60%.

''I would love to be wrong on this issue,'' Yardeni, of Deutsche Morgan
Grenfell Inc., said in a report dated last Monday. ''I am not predicting
the end of life on planet earth.''

But he added, ''let's recognize that Y2K is an emergency situation that
requires immediate attention and enormous resources.''

usatoday.com
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