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


To: Hoatzin who wrote (12850)9/10/1998 2:31:00 PM
From: John Mansfield  Read Replies (2) | Respond to of 13949
 
<<
I'm going to print that one out and keep it in my Y2K folder, it might be interesting
reading in a year or so. It is certainly amusing to see the headline "The End of Y2K
Investing" even as many "Y2K's" are making nice base formations on the charts.

(I don't read briefing.com's analysis of anything, but I do have a copy of a briefing.com
article dated October 23, 1997 about Bob Bemer, with the following remarkable
predictions: "BMR threatens to change the business model of the entire Y2K
industry. Although it only works on IBM COBOL systems, that is the largest
segment of the Y2K market. Because it is so easy to install and test, and remove if
it doesn't work, any large company is likely to at least try BMR on some portion of
their system. If it works, and the code becomes Y2K compliant in less than a
month, BMR is likely to squeeze out every other vendor." Made me laugh then,
makes me laugh now.)
>>

Right, briefing.com did not really understand the impact and nature of Y2k, and seemingly still do not understand it. Work will continue at least till 2002, possibly longer. Y2k remediation going into decline end of 2000 is simply ridiculous.

Regards,

John