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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (1909)	9/7/1999 9:54:00 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 3543

heinz, Thank you for your response. Over here in the States, there is much speculation that institutional investors and "savvy" individual investors from Europe (and some Asian nations as well) will be slowly migrating much of their holdings from what is perceived to be "at-risk" European companies (or Asian companies) to what is perceived as a safer haven, large cap US stocks. The prevalent thinking is that many European countries and public companies (substitute Asian for European whenever you like) have not really prepared for Y2K or any possible consequences. Therefore, there is a risk of interruption of business or services, which can in turn lead to a risk of impact on the bottom line. Since many of those suspected of not being in compliance have really not publicly disclosed what they're doing to prepare for Y2K, the "better safe than sorry" argument is making the rounds. Have you any insight to offer here? Is this just wishful thinking or hype? Again thanks. KJC