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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud
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To: Bill Wexler who wrote (901)10/6/1998 9:09:00 PM
From: scott ross  Read Replies (4) of 1361
 
The folks on this thread who claim Y2K is a hoax have yet to explain two simple phenomena:

1) Y2K Consulting Services stocks have done extraordinarily well (Cap Gemini, Keane, etc.) over the past 12 to 24 months. The fact that Y2K _product_ stocks have tanked indicate - quite simply - that there is _no_ silver bullet (a disturbing portend by itself).

2) Some fine intellects (e.g., Alan Greenspan, Ed Yardeni, among others) have confirmed the seriousness of the problem. I daresay their opinions should be valued far more highly than any expressed on this thread.

Any explanations?

Cheers...
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