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

To: Gerald Underwood who wrote (8565)	12/29/1997 1:16:00 AM
From: bob oserin	Respond to of 13949

Gerry, this reminds me of the "Products Liability" fiasco of a few years back. If all mid-cap and large-cap companies follow Ms. Judge's advice there would be a real erosion of immediate profits and a negative effect for several years thereafter,IMO. Expensing these costs would have an impact on tax receipts (both federal and state). This is a prescription for chaos!! Do we keep our current commitments to Asian govts. (spelled "banks")? If so, can we verify there y2k compliancy so they, and we, can keep track of the whereabouts of those funds? As I ruminate on these questions, and others raised in Ms.Judge's article, I wonder how any analyst can issue an earnings forecast? If this isn't reason enough for a bear market, what is?!! Perplexed, I remain, BOB O