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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: HammerHead who wrote (34841)	12/2/1998 10:45:00 PM
From: Hawkmoon	Respond to of 94695

Robert, Kinda funny, but I was at the Mayflower hotel in DC this evening and got into a discussion with a assistant Y2K project manager for a VERY large banking institution. She was very concerned herself, although not with her bank's readiness which she felt fine with, but rather with Asia and S. America. Seems most office computers in Brazil are still XT class or at most, PS/2 quality. These systems will not be compliant and will roll back to 1980 on their BIOS date. Anyway, she stated the same thing about selling all of her mutual funds and stocks, and having at least $10,000 bucks on hand by the middle of the year. Another funny thing is that the word from passed on to my wife from a friend in an gov't agency that shall remain unnamed, that they are being advised to each have at least $10,000 cash on hand as well. Too bad the general public doesn't receive these types of warnings. They're just told that the economy is just fine and its alright to pile your nest-egg back into an overvalued market. Regards, Ron

To: HammerHead who wrote (34841)	12/2/1998 11:57:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Hi Robert; Timing it way out can't be done, if any one gets it right it's by luck. I too look for some big disappointments on the internuts but they will likely run longer than I would think, as that seems to be the case already. --------------- I'v been tracking new internet signons in our AREA, ALSO I keep one eye on the amount of post going to SI , while the sign ons are still going up, ( the rate is nothing like it was ) , every thing in the internuts is priced via the growth rate, but there is a gap of time they don't cover. While the rate is good, it's not as fast as it was. The growth rate peaked several months ago, but they don't seem to recognize tath. It could be some time before they do, and I don't expect them to talk about when they figure it out. Much of the new traffic is commercial and like more band width going to large graphics, video streaming and such and tons of ( spam mail ) along with advertisements.. But the real growth rate is "people coming on line", and that is what is slowing It takes people to make all that other stuff work, or worth while and they have over estimated the rate people are coming on line, because they projected froward the big surge, as if it would surge and surge and surge..well it's not doing it. Even AOL has only got to 14m and that's with picking up Compuserve..well a year ago they were at 10m and gainging 2m every 3 months,,so what happened. ? ------------- One thing that may help make a soft landing is the cheap oil, so the jury is still out , the price of oil can take some time to work it's way up the food chain, to were it helps growth in all areas. Cheap oil is as good as interest rate cuts if not better. ( not for the drillers but for others it can be a life saver. ) ---------------------- Jim