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

To: Cheeky Kid who wrote (3193)	1/8/1999 7:34:00 AM
From: C.K. Houston	Read Replies (2) \| Respond to of 9818

<Are you becoming a Y2K skeptic?> ROFLMAO ... ME a Y2K skeptic??? Surely you jest. I'm a Y2K realist. Cheeky, read that link to Bloomberg real close ... There are problems with Euro settlements for both private institutions and European Central Bank. This confirmed that Y2K won't be as seamless as you and Eski think. Plus Euro didn't have embedded systems issues ... Y2K does. The Y2K problem isn't just a computer problem. It's a business problem. That ZDNET "warm fuzzy", "everything went OK" article (that both you and Eski liked so much) was written BEFORE announcement came out about settlement problems. I don't know specifics. Don't know if problems are big or small. Don't know if they will be fixed fast or take some time. But, I anticipated problems. Any major transition such as this was bound to have some glitches ... BIG and small. As will Y2K. Last month I took a substantial position in a gold stock at 16-1/2 & 17-1/2 (now at 20 5/8). Besides being a hedge in this inflated market, anticipation of euro settlement problems was one (among many) of the factors. Cheryl P.S. You asked me a week or so ago about publicly-traded Indian bodyshops involved with Y2K fixes. Did you ever invest in any?