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


To: Josef Svejk who wrote (8048)11/24/1997 1:37:00 PM
From: David Eddy  Respond to of 13949
 
Josef -

"With this," Eddy says, "you'll go poof."

One of the joys of dealing with the press is they do take license with one's words. While I'm certainly flattered to have been quoted, I seriously doubt I said "you'll go poof"...

Personally I think 1/1/00 will most likely be a non-event. The sun will rise like any other day.

Nasty computer problems will most likely have reared their ugly heads long before 1/1/00.

I see the first shoe dropping in April '98 when a slew of '97 10Ks come out. Chase Bank's '96 $200 million Y2K problem will jump considerably, etc. Instead of there being 52 firms reporting on Y2K, there will be thousands.

Then late in '98 folks will really be sweating bullets.... but sorry, no "poof"... but it does sound nice. <g>

- David