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

To: John Hunt who wrote (6920)	7/21/1999 11:13:00 PM
From: Ken	Read Replies (4) \| Respond to of 9818

Bresnahan on the coming Martial Law: "evidence..put people in shelters ..govt expects.... " (pollycrackers and DUHnialists- please disregard this and other info that will be coming out on martial law...just 'stay happy, don't worry' for a few more months ....that knock on your door in December may be Frank...no, not uncle Frank, but private Frank ordering you at gunpoint to give him your guns and ammo, and any food and gold....and for your troubles, to be escorted somewhere to be the free guests of FEMA Federal Works Authority.....) <<VISIT TO DETROIT AND TALK SHOW I will be in Detroit this Friday, 7/23 at the Northfield Hilton, 5500 Crooks Rd., Troy, MI. I will give a presentation on military and government plans for Y2K at 6 p.m. and again at 9 p.m. The last time I spoke there many people were turned away. This time I asked the sponsor to have two sessions. Friday afternoon I will be a guest on the Mark Scott radio show on WXYT in Detroit. I am making available, for the first time, over 150 pages of government and other documents, including Department of Defense Directives and memos. The document packages, my books, and newsletters will be available at a discount. The event is only $5 per person and is sponsored by Justice Pro-Se. You will receive a $5 coupon good towards purchase of the documents and books. This is a good event to bring your skeptical friends to. I will present factual evidence to support the claims that the government has plans to put people in shelters, and expects far worse consequences than they are admiting to the public. Hope to meet you there.

To: John Hunt who wrote (6920)	7/22/1999 7:59:00 AM
From: John Hunt	Read Replies (2) \| Respond to of 9818

SEC Still Struggling for Industry-Wide Compliance << The U.S. securities industry has been tackling the Y2K Problem since 1995. Therefore, it was the only industry in a position to do industry-wide testing in 1999. Participating in this testing, which was conducted in March and April of 1999 under the direction of the Securities Industry Association (SIA), were nine securities markets, 400 securities firms, and the utilities. At first blush, the results seemed successful. Of the almost 260,000 hypothetical trades simulating transactions for the dates December 29, 30 and 31, 1999 and January 3, 2000, 97.54% settled successfully. Of the unsuccessful trades, only .02% was attributable to Y2K. But what the SIA test summary failed to mention is that only a fraction of the SEC-regulated companies participated in the industry-wide testing, many of which are not yet compliant . The regulated companies include the registered exchanges, about 8,500 broker-dealers firms (with tens of thousands of branch offices and more than a half million registered dealers), about 8,000 investment advisors, about 5,350 investment companies (including mutual funds), about 748 transfer agents, about 15 public utility holding companies, and about 15 registered clearing agencies. These companies are electronically fused together not only with each other, but also with the Securities and Exchange Commission (SEC), the SIA, the National Association of Securities Dealers and its NASDAQ over-the-counter trading system, the banks, and the utilities. Picture this, and you'll get a small hint of the complexity of Wall Street data exchanges and the vulnerability of this market to Y2K disruptions ... more ... >> y2ktimebomb.com Same old Y2k testing and reporting games. :-((