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

To: Jeff Mizer who wrote (7354)	7/28/1999 1:01:00 AM
From: Ken	Read Replies (1) \| Respond to of 9818

<nightmares >> Jeff, of all of the possible ones,outside of nuk war, by far the worst one would be life-survival unpreparedness, e.g., having one week too little food, two days too little clean water,and to a far lesser degree, one week too little cash, couple of days too little ...and so on. There is a real potential that what you and I and everyone else have for food and water and medication, etc., on or around Jan 1, possibly even earlier, may be what we will have to live off of for.....? Is that worth taking any chances on? Does it not seem absurd to not spend at least as much for survival insurance as for auto, medical, homeowners insurance? BTW, I would not call them my nightmares, only my nightmare senarios. I have already passed my period of real nightmares---the unprepared are yet to experience theirs---I experienced mine in the best of times-they will experience theirs in the worst of times, when its too late for responsible action to diminish them.

To: Jeff Mizer who wrote (7354)	7/28/1999 8:05:00 AM
From: Lane3	Read Replies (1) \| Respond to of 9818

Jeff, my intent was to agree with you and then probe for further information about how people are preparing for the investment component. I'm sorry it didn't come across that way. RE my water cooler, I am trying to get a broader sample of perspectives. A self-selecting group such as the posters on this thread is not necessarily typical. The point of my inquiries is not to determine my survival preparation, which I have pretty much settled on, but my approach to my portfolio, which is very much dependent on what other people do. The effect of Y2K on the stock market, assuming there still is a stock market next year, will be influenced by the behavior of those "in denial" as well as everyone else. The folks I talked to, many of whom are not only well read but news junkies, as of now are not planning to bail out. A side note: early this morning on CNBC, the correspondent from London, Hastings, I think, attributed the recent slide in the dollar to Y2K. He called it a "flight to quality." When the anchor suggested that quality usually meant dollar, Hastings said that in times of stress the Japanese and Europeans are more comfortable holding yen and Euros, respectively. Karen