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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.22

-0.5%

4:00 PM EST

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To: John Hunt who wrote (27812)	2/6/1999 5:32:00 PM
From: long-gone	Read Replies (3) of 116837

<<I think the Y2K problem is somewhere between a major inconvenience and a disaster. The best forecasts seem to indicate that 10-15 % of companies will not be ready by Jan 1, 2000, and I think many of them will cease to exist.>> Look at it this way, if we can have $100K+ in property damage in downtown Denver due to Superbowl (win)partying, rioting, and looting how many problems could exist if 25% suspect they could get away with anything & if they see even the smallest failures? Some areas will have almost no problems, others - the problems will never end! just 50+% of the people taking out at least 50% of their money will cause an M-1 problem. Most people won't put "all" the money back in - no matter what they intend or what the level of problems. We have(as a nation) little-no discipline. then figure some other countries (or internal big-time baddies) think they could get by with major evil.

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