Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Jerry in Omaha who wrote (67)	5/8/1998 12:30:00 PM
From: carl	Respond to of 3536

Jerry and all - Thought I'd drop in and say Hi. So you are into Y2K on this thread. Makes sense. A subject that I have been reading up on, as I work in the field of IT. I wrote a long essay 30 minutes ago, only to see the server go down. So, this time, I simply refer you to www.garynorth.com. This will send a good chill down your spine, I do believe, if you follow all the links (although I haven't). The reason I say that is that I received a 24 page newsletter from this guy recently titled " A bank run like no other will bankrupt banks all over the world in 1999". Found it convincing. Obviously, this guy has something to sell. But I must say he is pretty close to the facts, IMO, on the technical side of things and his extrapolations / prognostications have a chance of coming true, IMO. Just today I read an AP article where the IRS commissioner, Charles Rossotti, told a House panel that Y2K computer problems are creating a "dangerous and risky situation". Article goes on to state that the same problems exist at the Dept Of Health and Human Services (Medicare), where only 40% of its systems have been fixed. Anyway, our modern infrastructure is at risk, it's real and it could be very dicey, IMO. We would be wise to pay close attention.