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

To: C.K. Houston who wrote (5969)	6/9/1999 5:44:00 PM
From: Christine Traut	Read Replies (2) \| Respond to of 9818

Cheryl: Thanks for the reference to another excellent column by David Eddy. His sense of bafflement matches mine. CNET posted an article at 10:30 PST this morning titled "Microsoft's Ballmer sees Y2K slowing PC sales" <NEW YORK--Microsoft president Steve Ballmer said he sees sales of personal computers slowing in the next 12 months because consumers fear the Year 2000 bug. Sales of other computing devices will boom in the next several years as more people get connected to the Internet through handheld devices or Internet-connected televisions, said Ballmer, speaking at a PaineWebber Growth & Technology conference here.> news.com As far as I can tell, the market ignored Ballmer's comment. Especially the intriguing juxtaposition of Ballmer seeing the future as non-PC devices right after talking about Y2K. Think that he might have visions of Y2K non-compliant, never to be compliant buggy PCs running DOS, Win 3.1, 95 and 98 turned into boat anchors? It is continually amazing that Wall Street believes only what they want to believe and ignores industry executives (Ballmer, McNeally, Grove) making public statements about Y2K slowdowns. It's morbidly fascinating in its own way. What are people going to do when reality finally has to assert itself into this optimistic fantasy world? Christine

To: C.K. Houston who wrote (5969)	6/9/1999 7:13:00 PM
From: William Peavey	Respond to of 9818

Cheryl, David Eddy's observations certainly deserve your reinforcement on this thread. He's the person who coined the phrase "Y2K," and his clear and succinct writing is a pleasure to read. Bill Peavey

To: C.K. Houston who wrote (5969)	6/9/1999 9:37:00 PM
From: flatsville	Respond to of 9818

Yep, another good article from David. I wonder what those Paine Webber clients will think when they pick up the June issue of Individual Investor which took a somewhat more cautionary tone in their y2k investment advice? Compared to David's description of The Millenium Myth-On Track for "Y2K O.K." the II piece is positively doombrood. I just picked it upt this evening and need to read it again. I'll post some of the real gems in the A.M.