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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud
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To: Bill Wexler who wrote (1321)4/23/1999 8:17:00 AM
From: David Eddy  Read Replies (1) of 1361
 
Bill -

ACLY DOWN -82%
DDIM DOWN -89%
ZITL DOWN -92%
VIAS DOWN -93%

IMRS UP +20%

And the conclusion from the collapse of the grossly overinflated prices is precisely what?

WHEN the Internet stocks collapse will this also mean that the Internet is a scam/fraud/whatever?

Or perhaps, just perhaps, are these price gyrations of financial "assets" the early warning signs of something else? Like perhaps Wall Street has a good time running stuff into the stratosphere.

And as always (since it's never been answered)... what is the connection between over hyped stock prices & the common practice of using two digit years in train loads of software over the past 50 years?

In anticipation... <g>

- David
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