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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: jeer who wrote (22722)	12/5/1998 10:53:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 119973

Jeer, >> my bet on Y2K is that the concern will fade << On Jan 1, 2000, when traffic lights, elevators and many other systems which operate on date-dependent algorithms, fail to work properly, the concern will do anything but fade ! What insurance company will insure flights during the week preceding and following the New Year ? Air travel, boat travel will come to a complete halt for 2 weeks. What nuclear power plant will risk being online over the New Year ? Better buy a generator. Even if the problem is minor or non-existent, people will prepare for the possibility. People will hoard food and other supplies in case they made need them. They will move to cash and probably buy gold. It will be a crazy 3 or 4 months... and of course, think about the impact to corporate profits.... Regards, Chris