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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (8702)	7/16/2002 12:47:04 PM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 17639

Y2K was a scam. I can dig up posts that I made as early as February 1999 that gave strong evidence that there was no Y2K problem (or that it had already been addressed). Y2K was a major part of the creation of the bubble. IT budgets soared with bloated Y2K budgets, while the vast amount of the needed work had been done in the prior years. So all of these corporations and gov't agencies had these huge budgets that they had to spend or lose. So they spent it on stuff that they didn't really need. And the net effect was to rob future sales. Do you remember how everyone was panicking about the clocks in embedded systems that are in pipelines and drilling platforms and aquaducts and such? There were many articles that were feeding the frenzy on those. And yes, those embedded systems have clocks in the, but they aren't date sensitive. It was a freakin scam. And if a lowly little puke like myself could figure it out, why couldn't our gov't officials? And if they couldn't, then it proves their incompetence. Do you remember Cheeky Kid? He raised the "scam" flag on Y2K at least a year and a half before 1/1/00.