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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: Debra Orlow who wrote (5131)2/1/1999 3:27:00 PM
From: John Pitera  Read Replies (1) of 99985
 
HI Debra, building on your comment<<<<<he more that I talk to people that are involved in this country's infrastructure, the
more that I think that this year 2000 thing might just be the thing that finally starts to pull that rubber band to the other side>>>

This is from today's META Group (Meta) Weekly Fax

" Y2K: BEATING THE BUREAUCRACY

Recent research indicates Y2K business process contingency
planners are becoming increasingly concerned about regulatory
supply chain implications and the alarming lack of adequate
Y2K progress in governments worldwide. Industries
(e.g.pharmaceuticals, transportation, construction) whose core
business processes depend on timely governmental approvals,
licensing, etc. face a high risk of delay/failure in
mission-critical projects/initiatives. An integral part of
users' contingency planning must include accelerating (into 1H99)
any project's critical path that is public sector dependent
(competitive benefit is possible from early, aggressive action).

Bottom Line: Users worldwide must extend supply chain contingency
planning to the high-risk public sector, accelerating governmental
approval and licensing cycles now, before the 2H99-1H00
slowdown/disruption materializes."

Y2K is going to collapse this market undeniably are many countries
that are not going have there remediation done and be Y2K compliant.

Countries such as Brazil will have a huge slow down in economic
performance and this will be a catalyst, excuse, to default on
debts obligations.

Regards,

John
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