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


To: Howard Clark who wrote (6095)6/23/1999 12:58:00 PM
From: Howard Clark  Read Replies (1) | Respond to of 9818
 
Survey: 6% Of Investors Plan To Exit Market Before Y2K

interactive.wsj.com


Some 6% of investors say they are likely to take money out of the stock market before the year 2000 because they are concerned about computer problems, according to a survey commissioned by the Securities Industry Association.

The poll of 803 investors between April 28 and May 19 showed 2% already have taken money out in anticipation of problems. Of the 6% who are planning to do so before the millennium, the survey suggests that only about half will actually follow through, said Hal Quinley, a managing director of Yankelovich Partners, which supervised the survey commissioned by the SIA, a trade group of Wall Street firms.