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

To: AJ Berger who wrote (1290)3/25/1998 6:13:00 AM
From: Hawkmoon  Respond to of 9818
 
Last thing I'd be worried about. Any screw up in figuring out Mortgages would only end up in court. Kinda difficult to evict hundreds of thousands, if not millions of people from their homes without raising a ruckus... <wink>

But then again, let's ponder the government's inability to collect revenue and the likely tax cheating that will occur. If you read yesterday's IBD, then you saw the article about terminating the IRS tax code. The point of the article was the markets would likely sell off in that event due to the uncertainty factor and the lack of anything to replace it.

Regards,

Ron



To: AJ Berger who wrote (1290)3/25/1998 6:16:00 AM
From: Gary R. Owens  Read Replies (1) | Respond to of 9818
 
Pay Off that Mortgage Before 12/99
Actually I was thinking the opposite. Run up some
debt (nothing that can't be paid back) and if Y2K
is nothing - you pay a few months interest.
[hopefully at <6% teaser rates.]

If there are problems as I believe there will be,
I'd rather have the cash in hand. The credit cards
may not work anyway while things get sorted out anyway.

gary


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