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Technology Stocks : Discuss Year 2000 Issues
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To: John Mansfield who wrote (4128)2/26/1999 1:47:00 PM
From: John Mansfield  Read Replies (1) of 9818
 
'> Yet an other word we all seem to have a different meaning for. Dale
> gives his meaning below.
>
> What do YOU mean when you say 'panic' in regards to Y2K?
>
> Panic (with a capital 'P') to me is:
>
> When, WITHOUT looking for it, you hear 15+ Y2K items per day in the
> 'mainstream media'.
>
> When so called 'Conventional Wisdom' in the USA is 'prepare for 1 month
> plus' or look foolish.
>
> When 1/10th oz. gold Am. eagles hit a 100% premium over bullion content.
> (it's aprox. 35% as of today)
>
> When not only first, but also second choice preperation items are harder
> to find then a Furby was in mid Dec. last year.
>
> Anyone else want to give their idea of Y2K Panic?

PANIC is when people act irrationally, usually as a mob or herd.

Under this definition, things would have to be pretty extreme to qualify,
as most things could be construed as logical preparation, even if everyone
is doing it. Your 100% premium on gold might do it. Other things that would
fit my definition:

1) Bank closings due to y2k withdrawls.

2) Violent altercations over goods in stores; looting; other lawbreaking

3) Leaving the city suddenly without anywhere in the country to go to.

4) y2k-related suicides.

5) declaration of martial law "just in case" something happens

You know you're panicking when your entire life is about y2k. I was near
that point about 6 months ago; I'm not now.

--
Politicians and diapers have one thing in common. They should both be
changed regularly, and for the same reason.
--OaktOne@webtv.net
.....................................
Jeffrey Quick
_____

from c.s.y2k
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