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

To: John Mansfield who wrote (3649)	2/4/1999 4:07:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

'Panic is the REAL y2k problem?? Excuse me??!! asked in the TimeBomb 2000 (Y2000) Q&A Forum -------------------------------------------------------------------------------- Anybody besides me notice a change in strategy by the DGIs, gov't officials, and business leaders? Instead of denying that anything bad will happen, they're now saying that IF anything bad happens it will be the result of irrational Y2K alarmists scaring the hell out of people. In other words, the panic, not the technology failures, is the real risk. Yeah, panic stinks. And it could really screw up banks and the stock market. But it ain't nuthin' compared to having communications networks and supply chains crumble. Here's an excerpt from one of Bill Dunn's editorials on Mike Hyatt's site (http://www.michaelhyatt.com/editorials/greatest.htm) which reminds us of what's REALLY at risk here: "Y2K panic will not cause oil refinery production to grind to a halt Y2K panic will not cause air traffic control radar screens to go blank Y2K panic will not cause phone networks to go dead Y2K panic will not cause medical devices to malfunction, putting patients lives at risk Y2K panic will not cause trucks, trains, and ships to stand still Y2K panic will not cause 911 emergency services to fail Y2K panic will not cause water and sewer systems to malfunction Y2K panic will not cause food processing plants to shut down Y2K panic will not cause government services to be paralyzed Y2K panic will not cause welfare and food stamps to be late, sparking riots Y2K panic will not cause our high-tech Defense Department to suddenly become impotent Y2K panic will not cause Communist China's WWII-vintage military to suddenly become the strongest force on earth Y2K panic will not cause the electric power grid to fail By far the most dangerous problem with Y2K is flawed computer code." -- Mr. X (stocking@up.now), February 04, 1999 -------------------------------------------------------------------------------- Contribute an answer to "Panic is the REAL y2k problem?? Excuse me??!!" -------------------------------------------------------------------------------- timebomb2000@yourdon.com