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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 (7019)	8/20/1998 2:13:00 PM
From: MrGreenJeans	Read Replies (1) \| Respond to of 42834

Federal Reserve Minutes from June / July 1998 bog.frb.fed.us

To: Wally Mastroly who wrote (7019)	8/20/1998 8:45:00 PM
From: wooden ships	Read Replies (1) \| Respond to of 42834

Goldman Sachs weighs in on Y2K. Unlike Ed Yardeni, Goldman does not envisage the strong probability of a full fledged US recession caused by the mil- lennial bug. However, they apparently do see some rough sledding, economy wise, for a quarter or two and predict that the price of fixing the afflicted computers will escalate sharply. On the other hand, Goldman Sachs sees the likelihood of a boomlet as people stock up on goods prior to the advent of the millennium. In addition, the US market may attract even more foreign capital since many overseas in- vestors likely view the US as the advanced nation most Y2K compliant and best prepared in dealing with this irascible Y2K pest. For more on this story, please see: biz.yahoo.com