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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud -- Ignore unavailable to you. Want to Upgrade?

To: Ruyi who wrote (777)	6/3/1998 7:05:00 PM
From: RH	Read Replies (3) \| Respond to of 1361

I'll just throw this out there... It seems to me that those who feel Y2K is not likely to be too much of an issue seem to beleive that this is simply a technology problem and that the corrective measures needed to address it are rather 'cut and dried'. What they don't seem to address is that it is not simply a tech issue but rather a management or mismanagement issue. The delays, the difficulty in getting started, the budget overuns, the confusion and lack of contingency planning, the difficulty in making inventory of systems, etc, etc... is indicative of the root of the problem--one of management. Which is precisely why this problem has the potential of being a catastrophe. Anyone who believes the government can tackle a massive management problem has obviously never dealt with them on a direct basis. RH

To: Ruyi who wrote (777)	6/5/1998 3:31:00 AM
From: Bill Wexler	Read Replies (3) \| Respond to of 1361

LOL!!! You're kidding....right? Every day that goes by continues to prove my assertion that the Y2K hoax is nothing more that millenial apocalypse superstition wrapped in technobabble. The so-called "Y2K problem" is trivial - and as I have pointed out many,many,many times, the cost of fixing it fades in comparison to ongoing maintenance and update expenses. While computer technology rockets forward, it amuses me that a few illiterates insist on contemplating their navels over a computer doomsday that will never happen. No amount of testimony before congress, sensationalistic Y2K articles (which the believers love to quote over and over and over and over again rather than doing their own thinking) or long, psychotic diatribes on the Gary North web site will change the facts. BTW, check out how my recommended Y2K short portfolio has performed over the past year. The only company on my list which has gone up - IMRS - actually announced they were GETTING OUT of the Y2K business. I continue to be - and always have been - 100% correct about the Y2K hoax.