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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: wooden ships who wrote (4834)	5/4/1998 6:06:00 PM
From: David Bogdanoff	Respond to of 42834

To all; BB's discussion on Y2K was rhetorical, even naive. There are studies which show the degree to which government agencies and corporations have acted to address the problem. There is no question that many companies are way behind schedule in dealing with it. In defense of BB, it is difficult to get a good estimate of the magnitude of the problem (and it is a real problem). Some people think it will trigger a decline in western civilization. Actually, its Asian countries which may be more at risk because there economic problems have caused them to cut back on solving the problem. David

To: wooden ships who wrote (4834)	5/4/1998 6:30:00 PM
From: Boca_PETE	Read Replies (3) \| Respond to of 42834

Truman: re:< the Gregorian calendar will reportedly result in a deviation of three days over a period of 10,000 years, should the human race survive that long.> You see ? The caller was correct. We need to be efficient now and also solve the Y10K problem (invluding the 3-day deviation situation) at the same time we solve the Y2K problem. Of course there may not be computers in the year 10,000. There may be something else or, by then, the earth could get hit by an asteroid. That would be a much more important problem to solve than the Y10K problem, however if we solve Y10K now, we'd only have one problem to solve - how to dodge an asteroid. P ;-)

To: wooden ships who wrote (4834)	5/5/1998 9:08:00 AM
From: TMAC	Read Replies (2) \| Respond to of 42834

Truman with all this talk of the Y2K problem and now the Y10K problem I thought it would be of interest to throw the DJ10K problem...I just read an article on how many computer programs will interpret the 10,000 event as a crash. Many systems will sell their portfolios and make valuation mistakes, as their system can handle only four digits. Bob over the weekend spat out the Dow 10,000 event as a possibility in the future. Further stated in this piece was the fact that companies are diverting staff to work on the DJ10k problem instead of the Y2K problem as Y2k is an immovable deadline.