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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Lucky Lady who wrote (12620)8/6/1998 4:36:00 PM
From: Bill Wexler  Respond to of 13949
 
<<In short your Y2K stocks are not rising because of ignorance due
to lack of leadership. The problem is not going away. It is too late
to fix it. The results will be devastating...many businesses will
go under...I'm defensive with gold. IMHO>>

Brilliant reasoning!!!!!!

I'm forwarding your post to Warren Buffet immediately.



To: Lucky Lady who wrote (12620)8/6/1998 9:03:00 PM
From: paul e thomas  Read Replies (5) | Respond to of 13949
 
WALL STREET JOURNAL ARTICLE
Todays WSJ reported on a large recent survey by Gartner of the status of Y2K remediation efforts around the World.The most interesting part I thought was that corporations expect that in 1999 Y2K expenditures will represent 44% of IT budgets up from 30% in 1998. this suggests that Y2K revenue should grow 50% in 1999. The report says 23% of US firms have not begun Y2K work and many do not plan to test remediated code.The report supports the belief their will be significant economic impact due to Y2K problems