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Technology Stocks : Discuss Year 2000 Issues
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To: Bill Ounce who wrote (5809)5/24/1999 8:27:00 PM
From: William Peavey  Read Replies (1) of 9818
 
Academics used to pontificate that the stock market anticipates the future by six months. Apparently the problem's going to hit at the end of November rather than January 3rd. (vbg)

When you think about it, it took a lot of courage for these analysts to actually mention in print that they were concerned about ramifications of Y2K. The "what me worry?" mindset on Wall Street, a simple result of an industry not wanting to precipitate its own demise, has been extraordinary so far this year.

Bill Peavey
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