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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: Todd J. who wrote (944)1/21/1998 10:18:00 PM
From: sibe  Read Replies (2) | Respond to of 9818
 
The Oprah segment on Jan. 21 with Tony Keyes, author of "The Year 2000
Computer Crisis: An Investor's Survival Guide," lasted about 5 minutes.
Mr. Keyes said pretty much the same thing other Y2k doomsayers have been
portending. Official documents and statements may be erased, for
example. However, it was a comment from an audience member that really
made me nervous. She suggested that the Y2k problem could wipe out
credit card debts. Now I'm thinking what would happen if everyone starts
charging excessively in December 1999.

I have another thought. If I pay a bill by check, and the check doesn't
clear because of the Y2k problem, then what? Whose problem is it? Mine,
the company's, or the bank's? Comments are welcome.