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To: K. M. Strickler who wrote (31812)3/3/1998 11:32:00 AM
From: Fangorn  Read Replies (2) | Respond to of 176387
 
Ken,
The y2k problem has absolutely nothing to do with chips or any other hardware. It is completely a software problem. We could replace every chip in every machine in the world tomorrow and it would do zero to solve the problem.



To: K. M. Strickler who wrote (31812)3/3/1998 12:16:00 PM
From: Jim Patterson  Read Replies (1) | Respond to of 176387
 
re: I have to agree with you on the 6% bond interest, but it can't go down forever >>

While I think it is very unlikely, Don't forget that from 1965 to 1980, bonds basicaly went down.

Don't get me wrong here, I do not think Rates will go over 8-8.5%, but 7% could be on the distant horison.

I just think it is important not to think things "Can not" happen.

Jim


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