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To: RagTimeBand who wrote (22394)	10/28/1998 11:30:00 PM
From: RagTimeBand	Respond to of 116762

This is worth bookmarking! Links to markets and charts cairns.net.au

To: RagTimeBand who wrote (22394)	10/30/1998 3:16:00 AM
From: Ron Everest	Read Replies (1) \| Respond to of 116762

Emory, thanks for posting this article on Y2K and Banking issues, <<<Bank Experts Are Nervous...Maybe You Should Be, Too >>> Strangely, they are not focused on their primary risk of not completing their Y2K preparations, that being preservation of their LIQUIDITY. It doesn't take much imagination to see their deposits going south if they are not compliant soon, which means that they will have to replace those southward bound funds with borrowings IF they can find borrowings and then their costs go through the roof AND/OR, they will be either under supervision or shut down. Best regards, Ron E

To: RagTimeBand who wrote (22394)	11/2/1998 9:21:00 PM
From: Ron Struthers	Read Replies (1) \| Respond to of 116762

Emory, interesting point on Y2K, something I also follow. One thing for sure is this is part of the profit squeeze problem for many corporations as additional expense has had to go to fix Y2K. If you think N American banks are in trouble, what about Asia, S American and emerging economies that have had so much trouble they are not even thinking of Y2K and don't have a hope of beng prepared. The Y2K event will also cause a big drop in earnings next year for computer hardware and software companies. Ron