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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (29)	12/1/1998 10:03:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Good point, Jim. We may have to keep our ears to the ground to find out the real stories, then. Mostly watching Y2Ks move down more, but we are close enough to bottom here for most of them, in my opinion. Still have some left overs from a while back. I was hoping I could hear some opinions on Y2Ks in and out of list. What are your thoughts? Rande Is

To: Triffin who wrote (29)	12/2/1998 9:17:00 AM
From: Pierre Mondieu	Respond to of 57584

Re the lookout for # of bank mergers in 1st quarter next year as a clue to Y2k problems... I believe the Feds are considering a freeze on banking mergers next year, for Y2k reasons. They know that this will be a solution that some opt for in desperation--but they also know that merging really solves little. The consolidation of trust systems can be as big and lengthy a job as repairing Y2k bugs. I do feel the Y2k issue is behind many of the mergers that we've seen to date, including Deutsche's taking Banker's. Given the German's relative underappreciation for the Y2k issue, I'd not be surprised if this was engineered by BT as a way out of their problem. Peter