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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: d[-_-]b who wrote (73537)10/13/2009 6:09:41 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 224755
 
There was definitely code that needed to be fixed. But most, if not all, was fixed long before 1999. I was working at Cisco back then and all of my customers had huge Y2K budgets that they had to figure out how to spend (or lose). I'm convinced that those Y2K budgets that were looking for a problem to fix were a big contributor to the final days of the bubble.

If you look at the stocks that were designated as Y2K stocks, they peaked 2 or 3 years before Y2K.....the stock market knew that the calamity had already been averted.