To: Jeffrey L. Henken who wrote (16354 ) 5/10/1998 9:02:00 PM From: C.K. Houston Read Replies (1) | Respond to of 31646
<I enjoyed reading all of this CK as it portends well for the future for TAVA longs. All except for the idiotic expect the unexpected article. "If you Expect the Unexpected then even that is expected and already built into the market." Well, Jeffrey, you might think it's idiotic. But, apparently the British-North American Committee who sponsored the conference, "U.K. & International Economic Consequence of Year 2000 Millenium Bug" didn't. Audience was comprised of government and corporate bigwigs, including CEO's from major U.S. corporations. This conference preceded the G8 May 15 conference in Birmingham, England, with heads of state from Canada, France, Germany, Italy, Japan, Russia and the United States - and the President of the European Commission.BBC thought his thoughts were valid enough to devote 1/2 hour on both TV and radio. So did CNBC. Apparently Bloomberg did too, since they sent a film crew to London specifically to film his presentation. They read ALL of Dennis Grabow's "whitepapers" BEFORE they INVITED him to speak. Plus, what many are unaware of ... Dennis was involved in the early 80's with an LBO. Acquired and managed a manufacturing company. Understands embedded systems EXTREMELY well within the manufacturing framework. This guy knows what he's talking about. <But to predict a 30% market correction on the basis of a Y2K problems which will never become fully apparent until the millennium change is nonsense. >Dennis has research specialists ... including MIT grads ... from various industries who have been tracking Y2K technical issues (and failures discovered thru testing). I imagine they've done a bit more research than you. Guess you disagree with Ed Yardeni too. That's OK as long as it's based on substance instead of only wishful thinking. Guess you didn't read the post about Kraft Foods, and "massive" problems occuring January 1, 1999 ... well before 2000. Message 4392206 Who knows what will happen. Maybe Dennis and I are wrong. But, my guess is that Dennis, with his staff, and myself, with 2 years of 16-18 hour days researching these issues ... has a better grasp of issues than you do from your dental office.I look at issues FAR beyond TAVA stock price. I'm concerned about impact on people ... and economy. Cheryl