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Technology Stocks : Discuss Year 2000 Issues

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To: John Mansfield who wrote (2280)	7/26/1998 3:11:00 PM
From: John Mansfield	Read Replies (2) of 9818

'From: Ed Yardeni - Subject: New on Dr. Ed's Econet 'Y2K COMMENT: Last week, I spoke on the global dangers of Y2K at CIA headquarters near Washington, DC. That's all I can say. I also testified before Senator Lugar's Agriculture Committee on Y2K and the global food chain. The Senator is very concerned about the problem and has introduced legislation to prod the USDA to make more Y2K progress. I support his effort, but I am disturbed that it is even necessary at this late date. Many of us are planning various events on GLOBAL Y2K ACTION DAY, August 19, when there will be only 500 days until Jan. 1, 2000. I am organizing an all day COUNTDOWN 2000 CONFERENCE to be broadcast live (and rebroadcast) over the Internet. The latest issue of my Y2K REPORTER is available with stories focusing on why some folks Get It (GIs) and others Don't Get It (DGIs). Most GIs share at least one important insight: All systems that fail, will do so at exactly the same time! I also take aim at critics who dismiss Y2K alarmists as doomsayers. I, for one, expect an economic recovery starting in 2001 and a new record high for the Dow by 2005, following a wicked recession and bear market in 2000. SUBSCRIBERS: I continue to believe that the worst is still ahead for Asian economies. Japan has let the banking problem fester for too long. Imagine how bad the US economy would be today if the S&L crisis had never been resolved. The latest GLOBAL ECONOMIC BRIEFING shows that US exports to Asia are collapsing. This has to be bad for earnings. MOVIES: Like Schindler's List, Saving Private Ryan is another Spielberg masterpiece depicting the extremes of human nature, from the heights of self-sacrifice to the depths of brutality. (+ + +) Y2K REPORTER: yardeni.com Y2K ACTION DAY: yardeni.com Y2K CONFERENCE: yardeni.com Y2K HOME: yardeni.com GLOBAL ECONOMIC BRIEFING: yardeni.com HOME: yardeni.com Dr. Ed

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