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Technology Stocks : Discuss Year 2000 Issues

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To: Christine Traut who wrote (4383)3/8/1999 3:11:00 PM
From: flatsville  Read Replies (2) of 9818
 
Yes, as a matter of fact I can. It has that grinding metalic sound...

I also ran across information that the Suez Canal is planning to close December 31 as well. I'm certain you're correct in your "stand down" theory.

My father last took a ship through the Panama Canal sometime in the late 1960s. If I recall correctly it took most of 3 days to go through the locks. It was a cumbersome, time consuming, and somewhat nerve racking process from what he described. Large ship, narrow canal, little sleep. Not a place you want to have one or more unremediated, stalled ships in transit. I imagine the shipping lanes approaching the canal from both ends will start to resemble parking lots come December.

Re: your comment to Cheryl re: Mitch Ratcliffe.

The information presented at the y2k global implications hearing last Fri. was relatively up to date as best I could determine (at least the testimony given by Bridgers from the State Dept. and Gershwin sans CIA) because I noticed it contained changes and revisions to info I had heard a few weeks to months earlier. As far as the three consultants (Gartner Group, Cap Gemini and the Italain guy) who knows...The point is behind is behind...if a given sector or country was 3, 6, or 18 mos. behind at the time the survey/study was made they are still in fact behind...probably even futher behind and loosing ground daily in the case of some governments and industries abroad hampered by awareness, money and political problems. Aside from those issues, the subject of IT metrics simply doesn't apply in Mitch's world. If he had been paying attention he might have noticed that "unstated" deadlines got blown big time last spring and the fear became palpable...at least with some of the people I communicate with who pass me info directly from their IT companies or via the geekvine. Little surprise the 1998 Sept. 30 and Dec. 31 federal deadlines got blown as well. Gee March 31 seems so close now. I wish I could get odds on June 30.
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