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.

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

To: stan s. who wrote (55635)	8/27/1999 12:03:00 PM
From: woody	Respond to of 90042

I agree the market moves largely on emotion not facts...so if people perceive it to be a problem then it will become one. Also, companies that havent started preparing dont have a prayer in getting compliant by 00. My point in saying it was overblown is that most major companies have already addressed the issue. Its the mom and pops that could encounter problems. Im sure the media will do their best to hype the problem also.

To: stan s. who wrote (55635)	8/27/1999 12:03:00 PM
From: kathyh	Respond to of 90042

perfectly clear... too bad you can't translate for greenspan all the time... <ggg> kathy :)

To: stan s. who wrote (55635)	8/27/1999 12:15:00 PM
From: professor	Respond to of 90042

Y2K and FOMC These two issues will pressure the markets, especially the equities, as we get closer to October. I think the Y2K issues in the US is somewhat overblown with utilities and banks indicating that they will be compliant. Nevertheless, uncertainty will result in gyrations in the equity market. The bond market may be neutralized. I believe the concerns of y2K outside the US will result in the flow of capital primarily into US treasuries. Based on discussions with financial friends, institutions have been accumulating cash positions in expectations of the volatility. JMHO.. prof.