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Technology Stocks : Discuss Year 2000 Issues

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To: Scarecrow who wrote (1936)5/31/1998 3:42:00 AM
From: John Mansfield  Read Replies (3) of 9818
 
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jbs.org
We can close this thread. There will be no big problems. Maybe only a recession. Claudette
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Many quotes and articles written by others are twisted in this article.

Interestingly, the most important argument against 'y2k fear mongers' is that they all (except for Mr. Yardeni) personally have something to gain from this 'fear mongering'. This is an argument (see quote below) that could be applied as well to all persons quoted in this article that try to say that there will be no major consequences. These people stand to gain also by preventing panic; sell off of the stocks of their companies and so on.

This article has an almost propaganda-like character.

John

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One of the challenges which individuals have in evaluating the claims of Mr. North and several others is that they
obviously stand to gain from creating a measure of fear.
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