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

To: BACRDI who wrote (8641)	1/1/1998 10:50:00 PM
From: Jeffrey S. Mitchell	Read Replies (4) \| Respond to of 13949

Bacrdi, I caught about five minutes of the CNN Moneyline interview (thank goodness for picture-in-picture for us sports fans (gg)). A little while before that I had seen a Scudder Funds ad based around an audio clip of a phone call from a senior citizen asking whether Scudder's computers knew the difference between 1901 and 2001 because "my family didn't have any money in the bank back then". My thinking was, hey this is great, companies are using Y2K compliance as a competitive advantage... maybe telling people you have commited time and resources to the problem will be a badge of honor in '98. Then I heard that "other" guy on Moneyline (Robert MacManus or something) say "if you hear any companies saying they are spending millions on fixing their Y2K problem, short their stocks". Ummm... if that's the prevailing wisdom then no company in their right mind is going to say squat about their Y2K situation until it's finished. - Jeff