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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K

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To: John Chapman who wrote (6143)12/10/1998 11:54:00 AM
From: Tom C  Read Replies (2) of 7491
 
John,

Interesting link...
kiyoinc.com

In the first article of this series I predicted that the failure of even a small number of our computer systems, combined with fundamental problems already existing in the global economy, will lead to the total collapse of civilization as we know it. I would now like to expand on that and show you that collapse is probable even in an unreasonably optimistic best case scenario in which all of the systems are fixed before 2000. In any of the more realistic scenarios this collapse is absolutely certain. I would also like to explain just how devastating that collapse will be and to show that recovery in our lifetimes is an extremely unlikely outcome. We must prepare for a dark period of several generations during which much of our technology and knowledge will be lost and after which there may be a slow recovery by our descendants. Such preparations are the subject matter of this series of articles. However, we must also prepare ourselves for the very real possibility that the outcome of this situation might well be the total extinction of the entire human race. It really could be worse than I am predicting and I really am being optimistic.

If I believed this guy, do you really think I'd care if the Find command works on Windows98? One might argue that all company stocks will go to zero. So what is the proper valuation for this stock if you believe Cory?

Tom

ps: You don't really have to answer. I just think it's poor logic to assert that the end of the world will cause a run on PC Y2K software.

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