When large numbers of companies start to fall, the money must go somewhere. It has been lately going into Internet related issues. Will Internet companies have Y2K problems? Will they be affected at PE's of 500, 800, 1000? When you got a ghost problem, who ya gonna call? When you got a Y2K problem and the deadline looms before you, who ya gonna call? "We interrupt this program for a special message from the greatest Y2K companies in the world -- COGIF, SEEC, ALYD, SPNSF, IMRS, TAVA, CRYSF" -- Now, back to our regularly scheduled program --
I think when real panic hits (and we all sure hope it finally does -- kind of hard to compete when Y2K is sort of an "out-a-site", "out-a-mind" problem compared to real "in-your-face" issues like Monica's Vanity Fair Photos, and for sure real nuclear blasts going off.
It will hit. I just hope it hits before the first mid-air collision, or bank shut-down.
I remain,
SOROS |
