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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Caroline who wrote (14840)10/26/1998 11:15:00 PM
From: Mama Bear  Read Replies (3) of 18691
 
"Many of the shorters on SI believe that Y2k is a hoax and that Y2K stocks are a scam."

That's a pretty generalized statement. It's as extreme as saying that Y2K is the greatest crisis mankind has ever faced and one should buy gold bullion and C-rations aplenty to make sure your stay in the bomb shelter will be survivable.

How about some middle ground on the issue? Y2K is a problem that will cost just about every company out there significant profits? That it will distract managements enough that growth won't be particularly large? Can KEA be a good company, while ZITL/Matridigm is, shall we say, less than above board? Can it be that there is no 'silver bullet', but a bunch of programmers going line by line? Can it be that while profits are likely to suffer, that the world won't stop running?

Barb
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