Discuss Year 2000 Issues Message Board

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Technology Stocks : Discuss Year 2000 Issues

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To: Hawkmoon who wrote (5385)	4/8/1999 5:18:00 PM
From: David Eddy	Read Replies (2) of 9818

Ron - That is the crux of my argument in regards to other infrastructure as well, including power. Now I'm not an engineer and I'm not going to say that my argument is especially sound. However, I have the sense that we're not being held hostage to our technology to the EXTREMES that certain other people claim we are. Correct. We will muddle thru. There will be plenty enough warning that things will be sloooooowing down. The morbid fascination simply comes from the normal human condition that fascinates on the morbid, particularly when "magic" numbers are involved... y2ktimebomb.com Largely unnoticed in all the hand waving is that predictions of the imminent end of the world are as old as time itself. One thing I've started to see is an increased (?) number of "earnings surprises" that are often attributed to a noticable slow down in spending as companies enter year 2000 spending freezes or "lockdowns" where nothing new is introduced... washingtonpost.com Clearly not good news for hot companies peddling bleeding edge vaporware. Anyone have a handy list of stocks with PEs above 50? - David

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