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To: IngotWeTrust who wrote (14272)	7/9/1998 1:37:00 AM
From: John Mansfield	Respond to of 116764

'In other words, the economic problem actually arrives this year. "The year 1998 is set to become 'millennium-bug year' as major IT end-user organizations realize the seriousness of the year-2000 issue, how little time there is left to deal with it, and what the long-term consequences of noncompliance will be," Longy says. ... zdnet.com

To: IngotWeTrust who wrote (14272)	7/9/1998 1:40:00 AM
From: John Mansfield	Respond to of 116764

'Merrill Lynch also warned that funds managers were dangerously underestimating the effect on share prices, pointing to sectors such as insurance, food, banks and telecommunications where the Y2K problem could sharply erode shareholder value. "We think that the global cost could be up to $US600bn, and that compares to the Vietnam War's cost of $US500bn," the head of research at Merrill Lynch Australasia, Michael Brown, said. "The cost to Australian companies could be up to $10bn." In one of the most comprehensive reports so far delivered on the impact of the millennium bug on investors, Merrill Lynch warned: ... afr.com.au

To: IngotWeTrust who wrote (14272)	7/9/1998 6:54:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116764

Ole, OK, I dug up the congress link. now do one for me. Let's get to the bottom of one of the questions. I ask my congressman about the last "audit" of gold in fort knox. Could you follow up with yours? I think all the US gold is there, but it would be good to see the proof. Next, if the government can support ag prices for the farmers, why can't they step up to the plate for the miners also? all it would take is a weaker dollar. They are currently working on a way to help the Farmers in light of the Asia problems. rh