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Technology Stocks : Y2k Denial on SI
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To: John Mansfield who wrote (106)8/6/1998 11:30:00 AM
From: John Mansfield  Read Replies (2) of 151
 
'As far as the Y2K problem is concerned. yes...it is a hoax. That is exactly why Y2K
has failed miserably as an investment theme (check out the performance of my
suggested Y2K short portfolio on my Y2k hoax thread). However, like many Y2K
stock promoters and con-artists - you keep insisting on twisting my words. The hoax
involves the overstatement of the problem and the selling of useless "consulting" services
(such as TAVA's) in an attempt to capitalize on an issue which is not nearly as
widespread or disastrous as the con-artists would have us believe. Once again, I have
been proven 100% correct as these issues have melted into the normal course of
software/hardware upgrade cycles. Since I am 100% correct, I have also profited
handsomely from shorting the Y2K scam stocks...while people like you continue to
delude themselves.

_____

Such statements show that typical investors are still in denial as to the effects of Y2k on stocks market and society IMO.

John

exchange2000.com
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