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To: Eddie Kim who wrote (67378)9/25/1998 8:27:00 AM
From: MichaelW  Respond to of 176387
 
Did anyone hear about an analyst meeting today, with Michael Dell?

When is that?

MW



To: Eddie Kim who wrote (67378)9/25/1998 9:06:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
<--Ot--> Stupid Stock Tricks.

Here is something to chew on....

===========================================

SAN FRANCISCO (CBS.MW) -- The arrival of Rosh Hashanah has got me thinking about this year 2000 problem.

Work with me on this.

Monday marked the first day of the year 5759 in the Hebrew calendar.

So ...

Instead of getting all worked up about a computer programming problem that's supposed to bring an end to Western civilization, why not just switch calendars and buy a little extra time?

There're plenty of calendars to choose from: Hebrew, Islamic, Hindu, solar and lunar, Aztec and Chinese, to name a few.

And it's not as if there isn't a precedent. Julius Caesar got this mess started by rejiggering the calendar of his day -- and adding two months named after him for good measure.

That worked for a while. But somehow the leap years got messed up. Pope Gregory had to untangle the thing again, one and a half millennia later. He did it by skipping 10 days in a sort of mega-leap year.

So why not do it again for good measure?

I mean, why should we let a bunch of computer programmers make all this money rewriting our day planners?

And furthermore, why should one calendar dominate world business and set the standards for everybody? Sheesh! Where'd these people grow up? Redmond?

Of course, in every disaster lies opportunity, as one can see by the year 2000 stocks' jagged rise over the past year. ($YTK).

But the corollary is that in every opportunity is disaster.

That's what shareholders in Peritus (PTUS) found out this week as the stock hit a 52-week low of 1 1/2 Wednesday afternoon after the company said it may lose more money in its third quarter than it takes in in revenue. The stock traded as high as 30 1/4 last October. (See Software Report.)

So what'll be? Play the volatile year 2000 game, or follow historical precedent and change calendars?

I don't know about you, but I think I know which one's the really stupid stock trick.

cbs.marketwatch.com