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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Druss who wrote (7352)4/19/1998 8:30:00 PM
From: Roger A. Babb  Read Replies (2) of 18691
 
Druss, last I heard Gartner was up to 1.5 trillion for y2k fixes, that is more than 10% of the market cap of all public stocks. The number of 100+ billion quoted in your article is still very much on the high side in my opinion. I doubt that the sum of all y2k company revenue from y2k work done so far would sum to even $10 billion.

But y2k is a great story and suckers will be played at least a couple more times before Jan 1, 2000.
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