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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Senor VS who wrote (9998)	12/11/1999 2:14:00 AM
From: ratan lal	Read Replies (1) \| Respond to of 12475

Hi Ravi I got the same report from a friend who has been head of Y2K for Toyota for 2 years. I dont know whats going to happeen due to Y2K. Personally I will be out of the market and in cash by next Friday. ratan

To: Senor VS who wrote (9998)	12/11/1999 10:41:00 AM
From: JPR	Read Replies (2) \| Respond to of 12475

Ravi: I understand from my reading and listening, that the Y2K problem is exaggerated. Once people find out that we passed through midnight 31st with very few glitches, the stock market will bounce from knowing that after all we had a safe passage through the first wee hours of the millennium. A few pundits hold a different view, to which I don't subscribe. Happy Holidays and a Happy New Year to you and your family. JPR

To: Senor VS who wrote (9998)	12/11/1999 10:52:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

Ravi, hard to say but here is an interesting site where you can see varied opinions on the subject from people from many countries. news2.thls.bbc.co.uk There was an article at the BBC site showing which countries are compliant and to what extent but I can't seem to find the link.I don't think any one country was listed as being 100% compliant. USA was on the top with +85% compliance followed by UK I think. If you are in doubt stay in cash until things sort itself out. I am considering taking advantage of any opportunities that may arise out this from the market. As for me, I am a trader these days so I am not worried all that much.

To: Senor VS who wrote (9998)	12/11/1999 8:57:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 12475

A look at Y2K readiness of 8 countries - Ravi: As you may know USA is top dog. India is about 65% compliant if I am not mistaken and rated just above the middle of the pack by BBC,according to them India is better prepared than China.Then in India a lot of departments and institutions are yet be computerized over there, for example only 1000 out 8000 plus branches of State Bank of India is computerized. mercurycenter.com