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Technology Stocks : Y2K (Year 2000) Personal Contingency Planning -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (59)	4/15/1998 3:50:00 PM
From: jwk	Respond to of 888

There is an editorial from a writer for the Cox News Service in today's local paper which, I'm afraid, I don't have in front of me now to quote from. The theme of his piece is too many people are wound too tight. This also happens to be the drum I've been banging on the y2k topic. The editorial starts with an anecdotal account of a woman who was so outraged by the fact that a lady in front of her in the 10 Item or Less line had a few too many items. The woman was so outraged that she followed the offender out to the parking lot, confronted her, and sliced-off half her nose with a pocket knife. The piece goes on to discuss the author's view of how much the Rage Factor has increased in our society, what might be causing it, and where it might be headed. My point is: even slight disturbances from y2k induced hiccups (is anyone suggesting that there won't at least be some hiccups?)have the very real potential to begin a series of negative reactions by some people. The degree which these create additional ripples in the social fabric is open for discussion. The system does not have to undergo major, extended catastrophic damage or collapse from y2k glitches to significantly influence the normal flow of our social discourse. Given the right impetus,we are very capable of creating chaos on our own. On another note -- my one fund has the dates, data, and figures to support the fact that they wired a certain sum to my brokerage. The brokerage says they don't have it. Both sides are looking for it today. All the parties involved (self included) are behaving in a mature and civil fashion. We will solve the problem. If transferred funds can be lost during times when everything is running smoothly, what might we experience when it may not be quite as smooth? Personally, I really want the No-Worries crowd to be 100% correct. I'd much rather deal with a slight bit of embarrassment from my meager preparations than to deal with the possibilites if the You'd-Better-Worry group is right.