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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: Bill Ounce who wrote (1880)	5/19/1998 5:50:00 PM
From: Judge	Read Replies (1) \| Respond to of 9818

I agree. Gary North is a useful resource, but he doesn't read the items he reports as carefully as he should. That point was driven home to me last summer, when I was quoted in a newspaper article about the first Year 2000 lawsuit (brought by Produce Palace) that he posted as a link. Although my last name is "Judge" and I am a lawyer, I was not (and still am not) THE judge in the case. Notwithstanding, North attributed my statements to THE judge in the case, which put a much more powerful spin on them. The experience was disconcerting, but amusing. Lesson learned: if you care about accuracy and precision (as I do) ALWAYS read the original source for what Gary North posts; don't rely on his charcterizations and summaries. Most of the time the errors and omissions are minor and harmless, and I'm sure none of them are malicious in any way. But when you rely on others to do your research and analysis for you, without independent verification, you are prone to repeat their errors as well. Cathleen

To: Bill Ounce who wrote (1880)	5/21/1998 4:11:00 PM
From: Bill Ounce	Read Replies (1) \| Respond to of 9818

USA Today -- Investors must keep 2000 bug in mind usatoday.com NEW YORK - With 589 days left before computers are asked to recognize the year 2000, some investors and stock analysts are taking the first steps toward sorting companies fit to survive Y2K computer bugs from those that might not. [...] ''Some of the risks could be life-threatening to a corporation, and the shareholder has a right to know that as soon as possible and in as much detail as possible,'' [Utah R senator Bob] Bennett says. He expects the year 2000 will bring a ''tremendous wealth transfer'' from pockets of investors in companies, and in countries, that are not prepared to pockets of investors in competitors that are ready. [...] Until now, most reports from major Wall Street firms about Y2K have argued about the bug's potential, or lack thereof, to cause a recession. Those opinions have been more entertaining than useful because no one will know who is right until the time comes. But reports are beginning to focus on how the problem will affect banks and insurance companies. [...]