Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alan Bell who wrote (6109)	7/20/1998 9:31:00 AM
From: Wally Mastroly	Respond to of 42834

Some Y2K comments from the SEC - cbs.marketwatch.com Caution: as mentioned, the legal profession may have a vested interest in hyping the millenium bug.

To: Alan Bell who wrote (6109)	7/20/1998 11:35:00 AM
From: Trebor	Respond to of 42834

>He also commented about the test last weekend of the Nasdaq market with the simulation of the year 2000 rollover. Apparently, the test was a complete success< I will rest a lot easier when foreign stock exchanges, banks, etc. run similar tests and announce similar results. Have said it before, will say it again: the BIG millennium bug problem is not in the U.S. but abroad. I'm surprised that Bob B., to my knowledge, has never addressed Y2K as anything more than a domestic issue, and no caller (that I've heard) has brought up the global significance. Was also dismayed to hear Bob say "there is still plenty of time to fix any Y2K problems" (or words to that effect). We have less than 18 months -- you can only dump so many dollars and so many hours of labor at this problem in that period of time. And that's assuming you're already working on it, which many countries and companies are not.