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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (55633)	8/27/1999 12:21:00 PM
From: stan s.	Read Replies (1) \| Respond to of 90042

>>>>and companies report how much money they had to spend to upgrade/comply, or still need to spend to correct lingering problems. <<< Perhaps that's true with the late starters becoming compliant but I think that particular scenario has played out to a large extent. Business software took an enormous hit late last year and early this year as regular clients (companies) channeled their funds into the Y2K solutions and had to forego normal business softfware upgrades. Business software should be (and is to some extent already) a big beneficiary when/as normalcy returns. Stan

To: JakeStraw who wrote (55633)	8/27/1999 12:29:00 PM
From: Ben Sanford	Read Replies (1) \| Respond to of 90042

Concerning costs of Y2K being reflected in 4th qtr reporting, if companies haven't already made the investments to be Y2K compliant by this point, they are likely in trouble. I feel that the fear is more than the reality -actual impacts are likely to be minor in this country, but there is so much mis-information and paranoia that there could be a drop based just upon that. My retirement fund at work has only three choices, fixed interest, S&P 500 index, or a bond index fund, and my money in that will be in a fixed rate until near the end of Dec, and then probably back into the S&P500. Ben