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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (2836)	11/23/1998 5:06:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

From: kiyoinc@ibm.XOUT.net (cory hamasaki) 6:43 Subject: Re: Y2K MONEY !! On Sun, 22 Nov 1998 03:41:30, ddgsk@tic.net wrote: > Ed Carp <erc@pobox.com> wrote: > > Tim May wrote in message ... > > >No thanks. I'll stick with gold. You can have your freshly printed bank > > >notes. Make sure the ink is dry. > > That's OK, Tim. You can have your gold -- I'll stick with my Mountain > > House, canned stuff, water supplies, and can openers :) > > BTW, I hope the gold tastes good ;) > For the 125th time, the choice is not between gold and Mountain House, > canned stuff, water supplies, and can openers. > > The choice is, once you have stocked yourself as much as you think > necessary, between putting the rest of your wealth in green pieces of > paper or gold. > If you have a couple month's worth of food and I have, oh, five thousand dollars in paper; you'd probably sell a couple weeks of food for five thousand dollars. Most people would. Money would not lose that much value that fast. People would think, this crisis isn't going to last and when it ends, in a few weeks or month, I'll be able to use the cash. This is the psychological effect that prevents people from taking ten thousand dollars to the Safeway RIGHT NOW and buying a few tons of food. We know that things will be fine, the sun will come up, and the stores will be stocked. Even those who are the most worried are still glancing around the stores and thinking, hey, I can still get what I need next week or next month. Cash (or gold or five hundred grand in stock.) will still have value tomorrow. I'll be able to get that generator and five hundred gallons of diesel next month. After the crisis begins, most of us will be thinking, it's gonna end soon, real soon. I won't cash out, the market will come back. I won't go 100% into survival goods, I have 4 months and I'm betting that in 3, order is restored. Yeah, in a few months, everything will be fine; things will be back to normal. ..any day now. cory hamasaki 403 Days, 9,694 Hours.

To: John Mansfield who wrote (2836)	11/23/1998 5:10:00 PM
From: John Mansfield	Respond to of 9818

NEWSWEEK ISSUE ON Y2K From: "Scott Olmsted" <solmsted@iname.CLIP_THIS.net> 19:30 Subject: NEWSWEEK ISSUE ON Y2K This week's Newsweek magazine is supposed to have articles on Y2K and those who are preparing. Look for a photo of yours truly. --Scott Olmsted ------------------------ Prepare4Y2K: prepare4y2k.com Discount Storage Food: nctimes.net