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


To: John Lister who wrote (1274)3/24/1998 1:01:00 PM
From: Geoff  Read Replies (3) | Respond to of 9818
 
This is quite a perplexing problem. I am currently overseeing development of a revamped Web site, that has many financial functions, and the developers seem overly concerned with this Year 2000 problem. I for one am in agreement that the problem will be one of significant magnitude, but what can we regular folk do, outside of learning how to program?

I tend to side with the pessimists, and worry a great deal about the investments I have made, and monies I have in the market. Do people really think there will be "runs on banks" and crashes in the stock market? Would leaving things that are invested alone really cause me to see some long-term gains shrink or erase?

Maybe I should just go out and short the hell of out the Dow and S&P! lol

seriously, what can WE do? It seems like this whole thing really is in the hands of programmers, because they know how to fix the problem --- its just that there aren't enough of them out there, and that people did not properly anticipate this problem well enough in advance.

comments?

geoff