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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud

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To: Bill Wexler who wrote (797)8/7/1998 11:17:00 PM
From: David Eddy  Read Replies (1) of 1361
 
Bill -

The Y2K hoax continues to disappoint doomsday investors.

I'll grant you that there's been considerable room to slip some less than entirely savory 'investments' onto the table while flying the Y2K label...

However, I'm still unclear as to whether or not you separate the reality (or not) of the Y2K problem from the Y2K stock story.

This inquiring mind would love to know.

As always, my position is that we have a major problem on our hands for the fundamental reason that when counting with two digit numbers, there is no number after 99. Period. Full STOP! And then factor in the reality that software projects have an abysmal track record for being delivered on time and with promised/expected functionality. (I won't even stoop to consider budget expectations.)

Back to you... <g>

- David
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