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Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?

To: UpUpNOA who wrote (1843)	6/9/1999 3:10:00 AM
From: steve harmon - analyst	Read Replies (3) \| Respond to of 4337

y2k - investors who do their homework will find that y2k effect began jan. 1, 1999 and certainly june, 1999 as accounting and budgeting software (and other forecasting software) is already doing year 2000 analysis and number crunching so y2k is not waiting for dec. 31, 1999, it's already here among us and the lights are still on, computers still running that said, the psychology of y2k may have an effect in late fall on novice investors who haven't done their homework on y2k, or if a glitch by a large firm gets blamed on y2k (it's a convenient scapegoat for management bungling) software sales have slowed somewhat because of y2k as, again, companies take a little longer to evaluate if there is a real threat but new software sales also accelerate (or should) as older systems seek to be updated to timeless software, or at least software that can read past the year 3000 and there's talk of a y10k problem that some firms may wish they are around long enough to worry about