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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: paul e thomas who wrote (13215)11/5/1998 5:21:00 PM
From: Steve Woas  Read Replies (3) of 13949
 
Paul,

I think the public is being deceived with regards to Y2K by both governments and companies. People will point to MIFGY and say, "See, if there was really a Y2K problem, companies involved with Y2K work would not be having revenue problems."

The truth of the matter is that governments and companies are still in denial.

I think that is going to take the Y2K movie to get people really motivated, but of course that is not due out till next fall which will be too late!

Here is a recent case which supports my hypothesis:

y2ktoday.com

"This week I heard a national radio personality say that he was convinced the banking and securities industries would be compliant in time. I personally know a gentleman doing Y2k work for a major bank, one of the very largest, whose management is telling everyone they will be compliant. Now my contact is doing the actual Y2K work and says they absolutely will not be fixed on time! "

Good Investing,

Steve
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