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To: Boplicity who wrote (27)7/12/1999 9:49:00 PM
From: Uncle Frank  Respond to of 35685
 
>> Y2K will be a little speed bump in the road.

Only if you're looking at a 5 year graph, Greg. People are taking this seriously, even though you and I know it's BS. They're selling Y2K kits in California, that includes months worth of food and water, and there's even a bomb shelter type y2k shelter on the market - can you believe people can be so damned dumb?

I have not figured out a reasonable way to play this nutso event. I'm hoping Voltaire will look into his crystal ball and give us forward vision challenged investors a hint <g>.

Frank



To: Boplicity who wrote (27)7/13/1999 1:49:00 PM
From: Dr. D  Read Replies (1) | Respond to of 35685
 
I expect it to look more like a crater than a speed bump.

I am expecting the market to correct HARD as
Y2K enters our focus in mid to late- September..
Markets do not like uncertainty. As Y2k approaches, it won't
take a lot of selling to precipitate a massive slide to the downside.

However, Volatility is a good thing, if you're a trader.

Best wishes

3d


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