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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Stuart Schreiber who wrote (15590)4/28/1998 1:22:00 AM
From: jwk  Read Replies (1) of 31646
 
OK - this the last time I beat this drum ( at least for tonight)

1-- The lawyers are on to y2k as the biggest thing since Hammurabi

2-- Companies MUST at least try NOW to construct a pro-active defense for protection against future unknown litigations by at the very least attempting to remediate y2k exposure

3 -- Therefore, chips must be checked as a LEGAL REQUIREMENT, not just as a business or technical precaution

4-- That means that corporate officers who take a "let's just wait and see if anything goes wrong and deal with it then" approach to y2k risks expose themselves and their companies to unknown legal risks of potentially immense proportions.

They and their company may be able to ride out waves of y2k glitches only to find themselves sued out of existence by plantiffs who charge that their negligence to attempt to remedidate pro-activley caused them loss.

Now, what are all those folks who may have been sitting on the y2k fence going to do with this information ........... hope that nothing goes wrong and that no one feels like suing them a few years from now, or pick -up the phone and see who can help them get their chips in a row?

Why even worry about the near term stock price unless you are day trading?
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