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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Wizzer who wrote (10954)	4/29/1998 8:39:00 PM
From: bill718	Read Replies (1) of 116764

Y2k problem...just my .02 worth. Today everything is so competetive in both hardware and software areas, that companies are (and have been for some time) releasing products full of bugs (though they seldom like to admit that). That is one of the reasons we continuously have to upgrade nearly everything periodically from v.n to v.n+1, and it seems this madness will never end now. Take for example, a recent motherboard I was considering purchasing....until I found out it had 6 bios upgrades in about 6 mos. We now have such a complicated internetworked multi-platform (hardware and software-wise) computing monster on our hands (especially in large corporate enviroments), that I find it unrealistic to expect the Y2k problem will be properly resolved before 2000 in all cases. Only question in my mind now is...how serious will the damage be, and how many areas will be significantly affected (ie, what will happen in health, telecommunications, power distribution, and financial areas for example (including the stock exchanges)). My guess is that POG will be going up significantly as we approach 2000. Regards, Wayne

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