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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%Nov 18 4:00 PM EST

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To: RagTimeBand who wrote (22394)11/2/1998 9:21:00 PM
From: Ron Struthers  Read Replies (1) of 116762
 
Emory, interesting point on Y2K, something I also follow. One thing for sure is this is part of the profit squeeze problem for many corporations as additional expense has had to go to fix Y2K.

If you think N American banks are in trouble, what about Asia, S American and emerging economies that have had so much trouble they are not even thinking of Y2K and don't have a hope of beng prepared.

The Y2K event will also cause a big drop in earnings next year for computer hardware and software companies.

Ron
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