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

To: C.K. Houston who wrote (1426)	4/10/1998 10:59:00 PM
From: RH	Respond to of 9818

Cheryl, I agree. From the many reports I've read, it's virtually impossible for the IRS and many of the utilities to be compliant in time. If the conference in Switzerland (BIS) is taking Peter d'Jager (sp) seriously, then I suspect the Bank of Montreal economist is simply penning his wishful thoughts. I'm not going to 'bank' on them though. RH

To: C.K. Houston who wrote (1426)	4/11/1998 10:21:00 AM
From: David Eddy	Respond to of 9818

Cheryl - First, we assume that key components of government (the IRS in the US and Revenue Canada north of the border) and the financial system (central banks and the machinery of the payments system) will be Y2K compliant. Reminds me of the joke about three men marooned on a desert island with just a single can of peas for food. None of them have a Swiss Army knife or can opener. The engineer says: "We'll toss the can into the air & when it lands on this rock at the proper angle of impact, it will split open." The accountant says: "Then we'll divide the contents into three equal piles." The economist says: "Let us assume a can opener!" Moral being... if you assume away the hard part, then all problems are trivial. Unfortunately this seems to be how most economists have learned to think... so they're not going to be much help for Y2K. - David PS... for the required reading list of useful knowledge from a good economist, please to read Charles P. Kindleberger's "Manias, Panics & Crashes." Considered required reading by central bankers for 20 years now.

To: C.K. Houston who wrote (1426)	4/11/1998 11:05:00 PM
From: Robert C. Petersen	Read Replies (1) \| Respond to of 9818

Cheryl, I have been A Luddite lost in Cyberspace with just enough basic skills to manage to get on an enjoy Silicon Investor and many fine threads just like this one. The more I read about Y2K, the more I am convinced that I better get on friendly terms with some Amish or Mormons or return to my cave. Some say that this is a nefarious plot devised by "them" to create financial panic through out the world after they have driven the price of gold down. I just have an uneasy feeling that by the time I learn how to operate this computer with any compentcy...there won't be anyone to write to and we will have to go back to homing pigeons and smoke signals to communicate. As my Danish grandfather used to complain::" I yust learned how to say yelly...now they call it yam!!!!" Is there any hope ? Or should I keep my Luddite union card current?...........Confused Luddite....nysebob2

To: C.K. Houston who wrote (1426)	4/12/1998 8:47:00 AM
From: ForYourEyesOnly	Read Replies (2) \| Respond to of 9818

Quick Questions: First I would like to thank C.K. for all of her amazing work and dedication to sharing information. THANK YOU! I have started to distribute your reports to friends...hopfully it will help get the story out just one little bit more. Now, we know that Y2K may cause a major interupption to our current way of life, and we know that right now Y2K stocks are doing well. But....where do we put our assets after 2000.01.01 to protect our assets and our loved ones? Is there any discussion thread focusing on asset allocation/preservation & the following issues from a Y2K perspective? Banks (safe vs. unsafe) Currencies (strong vs. soft after Y2K) Y2K will result in inflation or deflation Should we expand or reduce our personal debt levels prior to Y2K Gold/silver Precious metal stocks ETC Any comments on where to get info on the above and move forward w/discussion? Best regards THC

To: C.K. Houston who wrote (1426)	4/12/1998 4:11:00 PM
From: C.K. Houston	Respond to of 9818

Firms not fully facing Y2K issues Though there appears to be a growing global awareness of the Year 2000 problem, two separate studies recently found that a host of companies and financial institutions have failed to fully address the issue. news.com Some companies may still view the millennium problem as hype, and clearly there has been hyperbole. But two truths have emerged:there will be system failures and business interruptions-and most companies are not prepared for them. techweb.com

To: C.K. Houston who wrote (1426)	4/12/1998 4:19:00 PM
From: C.K. Houston	Respond to of 9818

YEAR 2000 PRESS CLIPPINGS ================================================================== April 12, 1998: INFORMATION WEEK: -Go Looking For Trouble -- Year 2000 Problems Must Be Sought Out And Addressed-And Not, As Some Lawyers Would Advise, Be Avoided At All Costs -Test Yourself Before It's Too Late -Liability Concerns -- Resellers, Pressured By Customers, Urge Vendors To Assure Year 2000 Compliance -Conversion Becomes Labor Issue -Millennium Mess -- Date-change failures rise, costs mount, and vendor disputes turn bitter as deadline draws closer INTERNET WEEK: -Not Preparing For Y2K? Your Company Will Pay The Price COMPUTER RESELLER NEWS: -Caught In The Middle Debate Redux; The Net And Small Business VAR BUSINESS -Euro Conversion -- The Crisis Few People Are Talking About -Opportunity of a Millennium -- One VAR's strategy: Look beyond the obvious -Where The Money Is -- Everyone has told you about the problem of the century. Here's how you can profit by fixing it. -VARs Can Reap Profits From The Year 2000 Crisis FORTUNE -IRS: Rescue April 12, 1998: THE TIMES OF LONDON -Nuclear fears on millennium bug in Russia April 11, 1998: THE DAILY TELEGRAPH LONDON: -Electronic solutions for the millennium hangover: The year 2000 poses problems for computer users WORLD MAGAZINE -Opening Salvos: Battling the bug *MUCH MORE ... CHECK LINK OUT* year2000.com