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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: Steven V who wrote (5941)	6/8/1999 9:54:00 AM
From: John Hunt	Respond to of 9818

Double Trouble From Those Two-Digit Dates << The global cost estimates for the Year 2000 problem cover an outlandish range, from about $300 billion to as much as $2 trillion if such factors as litigation, risk management and contingency planning are thrown into the equation. But even the lowest estimates put Y2K in the same league as some of the greatest events and disasters of our time -- the Vietnam War (U.S. cost, $755 billion from 1959 to 1975), Hurricane Andrew in 1992 ($40 billion) and the Korean War (U.S. cost, $352.2 billion from 1950 to 1953), to name a few. The Persian Gulf War comes in at a paltry $63 billion. World War II dwarfs them all at $4.1 trillion, according to figures from the Washington-based Center for Defense Information. All cost estimates are adjusted for inflation. >> latimes.com Hi Steven, Sorry, no real comment ... I am holding some gold and oil stocks, so I am sure someone else can provide much better advice. Re-stacking wood in the woodshed today to top it up with a couple more cords ... At least I will be warm, no matter what Y2K brings ... Not a small factor when you live in Great White North country. :-)) John