Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ken who wrote (7535)	8/1/1999 11:27:00 AM
From: Lane3	Read Replies (2) \| Respond to of 9818

Ken, thanks for your thoughtful and personal response. I, too, would miss my classical music as well as plentiful hot water for long showers, libraries/data banks full of reading material, raspberries all year 'round... I really don't think we'll have to do without them (well, maybe the raspberries for the rest of the winter). If we do, I think you will find that you adapt. If things go badly, a little switch goes off in your head telling you that raspberries and minty-fresh breath no longer matter and bugs don't taste so bad. Since you asked so nicely :), here are the issues that have my attention. - Nuclear accidents: fairly low probability; terrible consequences; way beyond my ability to deal with if it happens so why worry. - Power, water, sewer: Low probability in my part of the world, limited duration, minor consequences. If I lived where things froze in the winter, I'd be less cavalier and doing more research. For me, this warrants hurricane/snowstorm type of preparation. - Computer problems: High likelihood of something happening somewhere, low likelihood of it being massive, insoluble, or irreversible. - Supply chains: Likely, particularly beyond North America/Euroland either because the supply chains break or because of excess inventory stored to avoid the breaks. Little or no personal consequence, but expected portfolio consequence similar to the Asian-induced problem last fall. - Stock market: Medium to high probability, primarily due to financial prudence compounded by panic rather than organic problems. Consequence still being pondered. - Dominos: I am a systems analyst by training and am much appreciative of the action of dominos, but I put this in with nuclear accidents, don't worry about it, and encourage others not to either (hint, hint), so as not to induce panic (see "stock market" above). Unless I missed something, the rest of the issues are below my radar level. As you can see, I think "the greatest thing we have to fear is fear itself." Karen