Sunday Breakfast with Mex,,from his web site
Today's Thoughts
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Ma Ma mia ,,,
Scary ,, what a ride,, brace your self for 8200,, but let's have our wits about ,, for us to grab that opportunity ,, I bought AOL at 20 5/8th ,, on such an occassion ,, a long ago,,,, also KLAC at 20 ,, which went up over 400% in 6 mos...
Keep the wits about you ,, keep the blue bloods ,, anmd dump the dogs,,
Better to have the liquidity to buy the winners then sit there,, with losing positions..
Analysts are now talking recession,, retail sector did well due to price pressure from Asian suppliers,,
From: TokyoJoe
Date: Sun Aug 16 06:10:03 EDT 1998
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BUSINESS WEEK ONLINE
August 12, 1998
A CONGRESSIONAL Y2K BRIGADE HITS THE ROAD
In an attempt to determine how the private sector and state and local governments are coping with the
dreaded Year 2000 computer problem, a House panel on Aug. 11 announced a national fact-finding
tour. First stop: New York.
On Aug. 13, the House Subcommittee on Government Management, Information & Technology will
review how financial institutions and securities firms are handling the Y2K glitch. The panel also will hear
from Year 2000 specialists from the states of New York, New Jersey, and Connecticut, along with local
officials from New York City and its suburbs. Other hearings are scheduled in Dallas (Aug. 17), New
Orleans (Aug. 19), Cleveland (Sept. 1), Indianapolis (Sept. 2), and Chicago (Sept. 3).
Subcommittee Chairman Stephen Horn (R-Calif.) contends that many federal computer systems will be
unprepared for problems that may occur on Jan. 1, 2000. The sessions will give local business leaders
and government officials an opportunity to pass along advice to the feds, as well as to express their
concerns about possible Y2K problems in interaction between local, state, and federal computer
systems.
By Richard S. Dunham in Washington |
