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Technology Stocks : Y2k Denial on SI
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To: Joseph E. McIsaac who wrote (126)12/26/1998 9:49:00 AM
From: John Mansfield   of 151
 
'Thomas Oleson, research director at IDC: "Ed Yardeni warns of an 80 per cent
chance of recession and yet when you look at the fact that Y2K will require
only 3.4 per cent of total IT spending in the five years up to the Millennium,
we have a good reason for asking him, 'where are you coming from?'"
An informed position, perhaps? Could it be because people are only spending 3.4 percent of
their IT budgets on the fix? Quoted on VNU Newswire IDC European Forum: Y2K not global
catastrophe, September 8, 1998. Submitted by Mark A. Walker and Tom Carr (their e-mails
arrived at the same time!).

duh-2000.com
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