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To: Gottfried who wrote (1845)	9/29/1999 5:01:00 PM
From: Iceberg	Respond to of 1894

>for DOW 35k in 2004 investors need to be convinced that today's method of stock valution is wrong and the authors' is the one to use. Gottfried, According to the authors, and as I understand it, investors are ALREADY convinced...even though they may not know it. Perhaps it's on a preconscious level - not actually recognized as yet. That's why the Dow continues to rise in the face of all the perpetual negativity of the naysayers. Ice

To: Gottfried who wrote (1845)	10/1/1999 11:06:00 AM
From: Iceberg	Read Replies (1) \| Respond to of 1894

This from the Financial Times today... "It was another nervous, twitchy day for London's equity market yesterday as the possibility of three interest rate rises next week - in the US, UK and Europe - continued to deter all but the most optimistic investors. There was no real surprise at the reluctance of most fund managers to take a chance in markets as the third quarter drew to a close and the fourth quarter - which is expected to see a slowdown in activity because of caution about the millennium bug - starts." [emphasis mine] ------------- My question is this.... Will the markets behave erratically in the 4th quarter due to the so-called "millennium bug"? Any if so, when might the slowdown start, and how severe is it likely to be? Any opinions? Ice Reference: ft.com