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To: Aggie who wrote (32311)	12/1/1998 12:05:00 PM
From: jbe	Respond to of 95453

Aggie, thanks for the response. That "story" I posted was from an excerpt from a long report by Ed Yardeni, which I suggest you check out. Alarmist? Well, in the past, Yardeni (He of the Dow 10,000 by Jan. 1999)was generally viewed an unrealistically optimistic bull; now he gives about 50-50 odds of a Y2K-linked global recession, and so he is an alarmist. The problem with these so-called "alarmist" predictions (and Yardeni's are among the mildest, I should point out) is that apparently nobody is out there refuting them, point by point. If anything, statements by public officials and industry spokesmen tend, if anything, to support them. In the meanwhile, for technologically challenged investors like myself, the rule should probably be "better safe than sorry." Glad to hear that your company (which one would that be?) has already reached the testing stage. I presume that means that your company has already "fixed" its computer systems (and all the other little gizmos with time-sensitive embedded chips), and is now running through the tests to see whether the fix itself has bugs. If so, you are definitely ahead of the game. But what about all your suppliers, your customers, etc.? Can you say the same thing of all of them? Do you see any weak links in the chain? (One weak link reportedly can re-infect all the rest. Pardon the mixed metaphor.) jbe