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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: IVAN1 who wrote (7500)11/3/1997 10:48:00 PM
From: Craig Richards  Respond to of 13949
 
I checked out the MSN article. Among other things, it stated:
New Hampshire-based Technology Business Research Inc. predicts that PC vendors will encounter losses of $3.6 billion in 1997, $11.8 billion in 1998, and $25.3 billion in 1999 as money is diverted from hardware purchases to software fixes.

Losses of $3.6 billion this year?! I think this prediction already looks pretty unlikely. Doesn't give me a lot of confidence in the other doomsday predictions from the article.