Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: SOROS who wrote (12611)	8/6/1998 8:14:00 AM
From: Lucky Lady	Read Replies (2) of 13949

SOROS, the Y2K problem is real and HUGE...I don't know the companies you invested in...As I see it we can lay this problem at the feet of this administration. There has been silence and lack of needed leadership since 1992! Ever MR. Technology/Gore has not said a word. It reminds me of Nero fiddling while Rome burned! The public and small business is being blind sided. They are unaware of the seriousness of the problem. An SEC Commissioner testified in a Congressional hearing in June that 72% of American companies have done nothing. Once companies look at the problem they discover it is much bigger than they thought...especially if they have an embedded chip issue. Lawyers have muzzled them to their costomers and many have concluded the can't afford the repairs and remain competitive. In short your Y2K stocks are not rising because of ignorance due to lack of leadership. The problem is not going away. It is too late to fix it. The results will be devastating...many businesses will go under...I'm defensive with gold. IMHO LL

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