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

To: ThirdEye who wrote (13007)	10/5/1998 6:50:00 PM
From: Tech Master	Respond to of 13949

Y2K will be the next "alibi" for bringing the market lower... only this time the market will be looking for the saviors to come in and clean up the mess. Who will do it? The next wave will be headed up by the mass change companies. They have the technology, people and expertise to rapidly pull companies and organizations out of their Y2K troubles. Companies will pay whatever they have to for these capabilities within a few months (end of year or 1st Q 99 at the latest). Count on it. It is the law of supply and demand. He who can deliver the goods will be king. There is a mad rush coming... even Clinton uttered the Y2K words today. IT IS FAR FROM OVER. My pick is still ALYD. They will be launching new businesses in 10 days (see my Yahoo post on these businesses today), they are still growing by double digits quarter to quarter, they have the best Y2K solution out there... multiple languages and most platforms.... and a customer list that ranks among the best in the industry. If you still believe that there is a problem ALYD is a great Y2K market hedge. The big caps and "safe stocks" will come down big time when the street gets scared of Y2K. ALYD will counter those effects when it starts its next bull run. When? 6 more trading sessions before the breakout.

To: ThirdEye who wrote (13007)	10/5/1998 8:08:00 PM
From: Tech Master	Read Replies (2) \| Respond to of 13949

Sunday October 4, 6:30 pm Eastern Time Nasdaq's Zarb says worried by Year 2000 bug BOCA RATON, Fla., Oct 4 - The head of the nation's second-largest stock market says he is worried by the looming millennium crisis, the software bug that threatens to crash the world's computers on January 1 of the year 2000, but that Nasdaq is preparing for battle. ''I believe we're in good shape but I'm still worried,'' said Frank Zarb, the chairman of the National Association of Securities Dealers, parent of the Nasdaq stock market. ''We know, like everyone else does that there are going to be some crises,'' he said, ''so we formed crisis teams that can parachute in after that day.'' Zarb spoke at the 65th annual convention of the Securities Traders Association, a trade group, here at the posh Boca Raton Hotel & Beach Club, an enclave of palm trees, pools and golf courses a stone's throw from the Atlantic Ocean. Nasdaq said it has spent more than $50 million so far combatting the millennium bug, spokesman Michael Jones said. In a move to save programming space, many older software systems were designed to read only the last two digits of the year, '98 for 1998. But when the digits flip to ''00'', many computer systems are expected to read the year as 1900 and either spit out erroneous data or crash all together. --------------------------------------------------------------------------------