Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (8596)	4/20/2001 10:43:13 AM
From: Poet	Read Replies (2) \| Respond to of 15481

FWIW, Allan's thinking we may be turning toward a downleg in the COMPX here: here's his latest analysis: Message 15693993 And here is the E-Wave chart to which he is referring: Message 15693472

To: Jorj X Mckie who wrote (8596)	4/20/2001 11:22:22 AM
From: Mark_H	Read Replies (1) \| Respond to of 15481

I think you are correct about the effect that Y2K spending had on the market in 98 and 99. This seems to be something that many people have forgotten. The amount of money spent on Y2K equipment upgrades was huge. I do know of companies that lease computers and network equipment on the 36 month plan. I think that 18 months is probably on the low end of the upgrade time frame. I think that many more companies would fall into the 24-36 month time frame for upgrades. What we need is for someone to declare that we are going to skip the years of 2001-9998 and next year will be 9999 and we'll jump to a Y10K crisis.