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Technology Stocks : Y2k Why the stock-market will collapse within days/week -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (20)	5/19/1998 10:45:00 AM
From: Les H	Read Replies (1) \| Respond to of 185

The Y2K stocks are already correcting, well ahead of the market. If the market was to correct because of the Y2K problem, the funds would be raised from non-Y2K stocks and would bid up the Y2K stocks. The peak in Y2K business growth is already here and topping out. Stocks in a sector usually correct ahead of the peak growth rate in the business. The better companies with other business value will come back. It takes 6 months to bring someone from the outside to understand your business and your systems and become productive. On top of that is the 6 to 12 months for system verification and validation. Time is running out on these companies...