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


To: Investor-ex! who wrote (2905)12/5/1998 3:40:00 PM
From: J.L. Turner  Respond to of 9818
 
Hi EX,
Your points are well taken.I think TD is also correct to be worried about the international banking system.I don't think the model takes into proper consideration the time intervals.Specifically the banks
could have runs and fail with only 5%-6% withdrawals.This could conceivably happen well before 01-01-00,and would of course affect the probability of failure of the other systems.