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To: Jim McMannis who wrote (90761)10/21/1999 3:29:00 PM
From: Robert Douglas  Read Replies (1) | Respond to of 186894
 
So you think the Y2K thingy is over after one day?

Since you asked...

I personally don't think the thingy will amount to a hill of beans. But there are those whom I respect, Ed Yardeni for one, who think it will be significant. Who knows what will happen? I'm just not making investment decisions based upon it. But that's my choice, just like yours. That's what makes markets!

So you liked my Keynes quote then? Wasn't he one of the greats of the century?

-Robert



To: Jim McMannis who wrote (90761)10/21/1999 3:41:00 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Jim, re: "So you think the Y2K thingy is over after one day?"

Yep, but the interest rate thingy is still a problem.

John



To: Jim McMannis who wrote (90761)10/21/1999 7:51:00 PM
From: Mary Cluney  Read Replies (2) | Respond to of 186894
 
Jim,>>>So you think the Y2K thingy is over after one day?<<<

The Y2k thing may not be over, but it has very little to do with INTC, MSFT, CSCO, LU, DELL, GTW, et al.

The problem exists in 600 billion lines of legacy computer code that run on IBM, Uniysis, NCR, Prime, Dec, Amdahl, Fujitsu and other mainframe hardware.

Banks are not going to close down because some PC has crashed. No airplanes are going to crash because some PC is not Y2k compliant.

In fact PCs crash all the time, regardless of Y2k compliance. I have never read where a PC was blamed for any catastrophes or deaths because it crashed.

It is all those mainframe computers that is supposed to have 20 million year mean time to failure rates, and triple redundancies, that will cause disasters (if there are to be any). No one expect PC's not to fail.

Mary