Sort of OT; Re y2k
<snip>....
Have you guys bothered to check out the facts here??
To a certain extent the facts are irrelevant, in that perception becomes reality. If enough people decide there will be a real Y2k problem, or even decide that enough people will act as if there will be one then the largest Y2k problem may well be caused by mass psychology rather than bugs. It may still be pretty serious, ie stock market crash, run on the banks, etc.
Lets face it, if I think lots of people are going to be selling their stocks in say, September, enough to seriously depress the price, then I'd be better off selling mine in August and buying back later. You might be sitting there laughing but you'll be the one whose stocks have gone through the floor, not me. This is irrespective of whether the 'facts' are right or not. And at this point, no one knows.
Just a point of view,
Joe |
