SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?


To: tech who wrote (2119)1/12/1998 10:22:00 AM
From: Rick Voteau  Read Replies (2) | Respond to of 3391
 
Tech, this is what the JP morgan article predicted over a year ago and it is coming to pass. First the manual fixes and then companies will figure out that they don't have the capacity so they will turn to automated solutions.

In addition to Consygen, Forecross has two significant teaming agreements and is in process of signing others.

Thanks for all of the Y2K articles. I have to admit that although I am a Y2K bull, I am a little concerned as I expected more by now. The question is, will we still have a panic in 1999 that will cause "pigs to fly".

Will the investing public wait for earnings at this point or will the sector be revived by contracts.

It looks like peak earnings will be in the year 2000. Lots of cleanup work to be done.



To: tech who wrote (2119)1/13/1998 3:33:00 AM
From: tech  Read Replies (1) | Respond to of 3391
 
*** Off Topic *** >> Japan stock exchange gunman takes hostage <<

link: biz.yahoo.com

By Takao Miyazawa

TOKYO, Jan 13 (Reuters) - A middle-aged man believed to have a gun took a hostage at the Tokyo Stock Exchange on Tuesday, briefly setting off panic among traders, police said.

A police spokesman said the gunman was holding a Finance Ministry official on secondment to the exchange hostage on the building's 14th floor demanding that trading be halted and that Finance Minister Hiroshi Mitsuzuka come to the exchange.

The exchange's main trading is done on the ground floor but as news of the drama spread there was at first panic among about 200 traders running around the floor seeking information.

Police identified the hostage as Masahiro Abe, who was working on the exchange's 14th floor where executive offices, including the chairman's office, are located.

Hundreds of police, some in body armour, surrounded the building and all lifts were stopped from going to the floor.

Police said the man, dressed in a business suit, appeared at the floor's reception area shortly after 1.00 p.m. (0400 GMT), produced his name card and demanded to see Abe.

As is common in relatively crime-free Japan, there are no metal detectors at the exchange entrance.

Japanese media reports said that when Abe appeared, the man suddenly pulled out a ''pistol-like object.''

The receptionist fled, and heard what she thought was a shot moments later, the reports said.

She called to Abe through the closed door of the executive suite, who told her he was all right.

A police spokesman said they had determined that Abe, the gunman and nine executives who worked on the 14th floor were all unharmed.

Despite the pandemonium, trading went on unabated through the crisis until the closing bell.

Traders said rumours about the hostage situation began to spread on the exchange floor but no official announcement was ever made.

We picked up the news from our trading screens, one trader said. We really didn't know what was going on.''

Without any interruption to trading, Tokyo stocks ended slightly firmer on Tuesday.

The benchmark Nikkei 225 average ended 91.50 points or 0.62 percent higher at 14,755.94. Trading volume was also unaffected with turnover of 389 million shares.