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Technology Stocks : Discuss Year 2000 Issues

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To: Paul van Wijk who wrote (1835)	5/15/1998 5:15:00 PM
From: John Mansfield	Read Replies (1) of 9818

Iam hesitating between July and October 1999 expiration. Will probably buy some of both... Strike-price 960, current level 1170.: that does not seem to be so 'far out of the money'; must be quite expensive!? Can you advie me on how far out of the money one should go? TIA! I started reading on y2k last summer intensively like you, and went through the same phases ... awareness, denail, anger/emotional, acceptance, action (i.e. posting on SI and some other things). I fully expected the stock market to collapse and to see a panic in autumn 1997... I guess I was too much colored. At that time most of the people I spoke with were not concerned at all; ad some of them even thought I was a bit 'strange'. Well I toned down a bit (have to remain sociable <ggg>) There will a massive panic; but I do not expect it any time soon... I have read somewhere: for awareness: 1997 was the year of the IT people 1998 is the year of the business people 1999 is the year of Joe Normal -> panic :-()() The mass panic might be even worse than the actual thing. Any thoughts? Regards, John

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