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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (5785)	7/9/1998 3:45:00 PM
From: Investor2	Read Replies (1) \| Respond to of 42834

RE: "Has Brinker touched on the Y2K subject lately?" Yes, he thinks that it will definitely have some effect, but it won't be the end of the world, as some are stating. The U.S. will probably lead the world in addressing the problem. Best wishes, I2

To: Wally Mastroly who wrote (5785)	7/9/1998 9:41:00 PM
From: wooden ships	Read Replies (2) \| Respond to of 42834

In re: "Has Brinker touched on the Y2K subject lately?" Wally, first, we are all indebted to you, I am sure, for your superb detective work in ferreting out salient URLs dealing with this vital subject. In this wise, along with your other good work here, there is little question that you continue to make invaluable contributions to this thread. Thank you. As echoed by others heretofore, Brinker last weekend-- after spend- ing considerable time on Deustche Bank's Ed Yardeni's(q.v.) latest prediction of 28 June 1998 which prediction foresees a 60% to 70% probability of a severe global recession beginning in late A.D. 1999 due to an admixture of Y2K and the Asian implosion-- seemed to dismiss the prophets of Y2K gloom and doom as fearmongers in the pursuit of lavish book sales. Frankly, I am perplexed by Brinker's seemingly vacillating view- points on this subject. More than a few weeks ago, Brinker dismissed the Y2K problem as a distnct "non-event" and mockingly announced that he would eschew aeroplane travel at the instant of the new year A.D. 2000. Later, Brinker, in more somber terms, referred his radio audience to the Yourdins' sobering tome "Time Bomb 2000"-- hardly a sanguine, dismissive treament of the Y2K issue. During that program, Brinker advised his listeners to make and keep hard copies of all financial transactions up to 31 Dec 1999 and referred to the addi- tional potential quagmires resulting from global positioning satel- lite software changes in 1999, the "99" end of file command pro- blem (q.v.), etc. It seemed that Brinker had diverged from his earlier flippancy and apparent cavalier attitude towards the Y2K glitch until last week- end when Brinker again reverted to a dismissive posture by stating unambiguously that large US corporations had this problem well in hand. In addition, Brinker seemed nonplussed when queried about the plight of legion Y2K non-compliant nations. In spite of a careful listening, no mention surfaced, during Brinker's latest treatment of this festering subject, of the vaunted interlocking global economy nor of countless non-compliant corporate suppliers nor of the dire warn- ings by US government officials of seriously lagging non-compliant government agencies-- State, local, and federal.