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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Debra Orlow who wrote (5131)	2/1/1999 8:08:00 AM
From: donald sew	Respond to of 99985

Debra, >>>>> I agree with you on the excesses of the current society, and a possible need for your rubber-band theory to also come into effect in how it all works out. The more that I talk to people that are involved in this country's infrastructure, the more that I think that this year 2000 thing might just be the thing that finally starts to pull that rubber band to the other side. Altho there are some industries that have known problems, and some of those will not be as bad as they are saying, there are some industries that have no clue as to what will happen. The telecom and utility sectors I believe will have serious problems. <<<<<<< I really dont know if the the YEAR-2000 bug will be what starts it. Im normally a firm believer that seldom is there one reason, even for the spark. If I had to categorize the reason for a big correction I would just say its greed. I realise it is a touchy subject, but I just want to repeat that it is not a bad thing, but a neccessity. Seeya

To: Debra Orlow who wrote (5131)	2/1/1999 3:27:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 99985

HI Debra, building on your comment<<<<<he more that I talk to people that are involved in this country's infrastructure, the more that I think that this year 2000 thing might just be the thing that finally starts to pull that rubber band to the other side>>> This is from today's META Group (Meta) Weekly Fax " Y2K: BEATING THE BUREAUCRACY Recent research indicates Y2K business process contingency planners are becoming increasingly concerned about regulatory supply chain implications and the alarming lack of adequate Y2K progress in governments worldwide. Industries (e.g.pharmaceuticals, transportation, construction) whose core business processes depend on timely governmental approvals, licensing, etc. face a high risk of delay/failure in mission-critical projects/initiatives. An integral part of users' contingency planning must include accelerating (into 1H99) any project's critical path that is public sector dependent (competitive benefit is possible from early, aggressive action). Bottom Line: Users worldwide must extend supply chain contingency planning to the high-risk public sector, accelerating governmental approval and licensing cycles now, before the 2H99-1H00 slowdown/disruption materializes." Y2K is going to collapse this market undeniably are many countries that are not going have there remediation done and be Y2K compliant. Countries such as Brazil will have a huge slow down in economic performance and this will be a catalyst, excuse, to default on debts obligations. Regards, John