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

To: Steve Woas who wrote (13017)	10/6/1998 10:16:00 AM
From: TEDennis	Read Replies (1) \| Respond to of 13949

Steve: The work is FAR from done. Many of the companies that started remediation a few years ago are in the final stages of the process (testing and putting code into production). But, there are many more companies that don't stand a chance in H*ll of making it on time. Remediation factories will be in high demand, and I expect a last minute surge in tool vendors' products when the rest of the world realizes what they've been ignoring is a major problem, the factories are full to capacity, and the consulting firms don't have any resources to assign to new projects. The firms that have been in denial will be in full scale panic mode, trying to fix a huge problem with their existing overworked staff. It will be pandemonium. However, I don't think any of this will translate into a bonanza for Y2K stocks. The speculative boom is over. There will be some stocks that will rise, but the overall sector won't be successful. I just wish I could tell you which stocks ... but if I went so far as to guess which ones I should buy, the dreaded "TED Effect" would immediately squash their potential. Good luck, TED