Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: SOROS who wrote (13355)	12/5/1998 2:50:00 AM
From: Jeffrey S. Mitchell	Read Replies (3) of 13949

People still snicker at the Gartner Group's $600B estimate for Y2K. I, for one, am still mumbling to any one who will listen: "where the Y2K money at?" It's certainly not flowing to publicly traded Y2K vendors! So I convince myself Y2K will "only" cost $100B, which, again I convince myself, is still a lot of money. Same with $10B. Now, in the wake of 60 Minutes relatively low-key Y2K story, comes an article in Business Week saying the cost could hit $1 trillion!!! Say what? ===== Y2K IS WORSE THAN ANYONE THOUGHT. The final reckoning for squashing the bug could hit $1 trillion. businessweek.com businessweek.com Note: You need to be a subscriber to view those links. If I actually had a subscription I'd post a snippet or two, but I don't. - Jeff

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