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To: count gold who wrote (10604)	2/7/1998 10:54:00 PM
From: John Hanzl	Respond to of 31646

CG- As an engineer the Y2K thing really has me pretty scared. As an investor, i listen to my scared engineering side and am planning financial protection. I would think about investing in tangible assets - I like the idea of pretty property in say Montana / Northern California. Maybe precious metals - though that is still pretty risky unless you actually possess the stuff (and THAT is pretty risky too!) If the monetary system / electronic commerce falls apart then you ought to be pretty careful not to be holding worthless paper. I dunno, it's a delicate balance between paranoia and good proactive reasoning. I plan on riding the wave towards the end of '98 and then pull it all - If it (Y2K)comes with a whimper then I'll have lost a month or so growth, while if I (we) are right and the s**t hits the fan then, well, hell, I can still teach diving in the Keys and swim with the fishes! ;-) When things get back on their collective feet I'll get back in (stocks, banks, etc) and probably at substantially lower levels (read: more bang for the buck - or gloc or chit or whatever it will be called then!) JMO, JohnnyH

To: count gold who wrote (10604)	2/8/1998 1:12:00 AM
From: c-man	Read Replies (2) \| Respond to of 31646

> Will this cause investors to think about taking their assets out of > stocks, bonds etc??? Will the the Government begin to mandate Y2K > awareness in 1998?? Are we looking at public panic within 6 > months??? Count Gold Count, I was intrigued with your post. Warren Buffet buying silver...what in the world for ? I got a real kick over the weekend watching TV analysts try to "eplain this latest Buffet action" and how it fit, or didn't fit, his mentor's (Graham) investment teachings. If Buffet were to start selling stock heavily this year, going into mid-1999, WOWIE, and continued to buy silver and/or gold....would that ever be a signal for me. Not meant to be off-topic, BTW...for this sort of thinking is real-world, worst-case scenario thinking, if Y2K is even half as big as Yardini believes, and other experts. c-man