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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: Professor Dotcomm who wrote (2044)	9/2/1999 2:45:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 3902

Actually, I thought it was 95,000 GPS systems failures.... oh well.. The funny thing is, I didn't ever realize they had that many systems in their vehicles. But apparently it is quite difficult to navigate through city traffic there, and at $4.50/gallon, gas is valuable for a taxi driver... :0) My position on Y2K has basically been that the actual disruptions may not be as bad as we expect here in the US given the amount of attention and contingency planning that has been done. However, in Asia, I know for a fact, that they had been stubbornly ignorant or indifferent to the issue until about 9 months ago. They are getting a late start, don't know what their vulnerabilities are, and are not sure as to how much they rely on their trading partners for certain parts and sub-assemblies for their manufacturing economy. Basically, the Japanese public apparently have not paid much attention to the issue either, unlike here where Americans have been bombarded into indifference by the media coverage of the subject. Better to be aware of the issue and that it could cause problems than to suddenly be blindsided and discover that equipment may or may not work, resulting in economic disruption. And hardware is only one aspect of PC compliance. The software and application interfaces need to be scrutinized as well. And for countries like China, where 80-90% of their software is pirated, they can not expect software support. So in sum, my opinion is that after this APEC meeting this month, it will be interesting to see where THEY THINK THEY STAND (self-reporting and all), and more importantly, what contingency plans they have in place or are working on that will deal with any failures. It does leave me encouraged to see a national govt have to focus on how to create contingency plans for their entire economy. One sector or two would be different, but they are basically ignorant of where they stand (according to my personal sources who are in a position to know). Regards, Ron