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

To: John Mansfield who wrote (4608)	3/13/1999 4:18:00 AM
From: Cheeky Kid	Read Replies (1) \| Respond to of 9818

Regulator urges reporters to avoid 'Chicken Little' role in Y2K stories cnn.com

To: John Mansfield who wrote (4608)	3/13/1999 10:46:00 AM
From: C.K. Houston	Read Replies (1) \| Respond to of 9818

"Meeting Our Y2K Challenges Together" Workshop - March 11, 1999 Washington D.C. National Cathedral [400 people attended] ... we arrived at the tail-end of another workshop, 'Public Health and Welfare'. We arrived in time to hear about shelters. A concerned woman was talking about what would happen to her dogs if she had to go to a shelter, and that she had heard that dogs might be shot. (Whoa! what had we stumbled into here I could tell we were all thinking as we looked wide-eyed at each other). The woman was reassured by an official that this had been thought of and that people would be allowed to take their dogs with them, but that the dogs would have to stay in a separate shelter that would be set-up next door to the shelter that people would be in because naturally we couldn't have the dogs in with all the people. Sorry, guys no mention about other pets - just dogs. It then shifted to another question from someone that was still very concerned about the District government's situation and wasn't convinced that all it's computers would get fixed in time. There was a spokesman from IBM. It was then that we discovered that apparently IBM is helping with D.C.'s Y2K fix on a non-contractual basis, which is unheard of for IBM. He went on to say though that because it was the Nation's capital they felt that it was only right to be helping them out with this crisis. He did a lot of waffling and did not look like a happy camper at all. In fact none of the panelists at that workshop looked very happy at all. A group of us from the previous workshop remarked that we felt we had obviously missed out on a lot here. That was the end of that workshop and I couldn't help but notice that as they were collecting their things together to leave the IBM guy looked really troubled. BTW I wasn't the only one that noticed. That's why I mentioned it. Definitely picked up on bad vibes coming from that workshop ..... 'American Red Cross Community Disaster Collaborations and Y2K' One high ranking Red Cross Official and a FEMA official in attendance. As both officials made clear ... if the nation has disruptions going on from coast-to-coast, there is no way that individual communities can hope to expect the emergency relief agencies to be able to deal with them all. It was made abundantly clear that communities need to be prepared to deal with situations on their own. The more that we can be prepared as communities the less likely the need for the government to move in and handle the situation (if you get my drift) ... I left at the end of the day with a few contacts and an increased awareness of the magnitude of this problem. I was amazed at the openess of peoples thoughts and feelings. It amazed me as I was walking away from that majestic building that I had just spent a whole day inside amongst others like me all trying to find the correct path to take to lead our communities through whatever may come. greenspun.com Whole summary of meeting definitely worth reading. LOOKS LIKE NATIONAL CATHREDAL MEETING IS PART OF THIS CAMPAIGN. Washington D.C. to launch Campaign for Citizens on how to prepare for Y2K WASHINGTON POST - February 19, 1999 The city will launch a campaign next month aimed at informing residents about ways to deal with potential difficulties, Hanley [District's Y2K Project Manager] said. washingtonpost.com Cheryl

To: John Mansfield who wrote (4608)	3/13/1999 8:39:00 PM
From: C.K. Houston	Read Replies (1) \| Respond to of 9818

<Well, just another economists "prediction" that doesn't mean dick!> CHEEKY KID Here is what the press has said about DR. ED YARDENI: BARRON's (Nov. 3, 1997): "Few, if any, market seers have had a better stock-market forecasting record over the past decade than Yardeni. Not only has he been dead on in getting the dimension of the bull market right, he was among the first on Wall Street to grasp the importance of several bullish developments: themes like the technology-led productivity revolution and epochal unleashing of productive forces and consumer demand that the global triumph of free-market principles." INVESTOR'S BUSINESS DAILY(Sep. 18, 1997): He is "one of the top market forecasters of the decade." WALL STREET JOURNAL (Jan. 4, 1999): Ranked as one of top six economic forecasters in the US for 1998. (Jan. 2, 1998): He "did the best job of forecasting the nation's economy" in 1997. Louis Rukeyser, WALL STREET WEEK (Jan. 6, 1999): "An old friend of this program, who correctly predicted the economic advances of recent years, Ed is Chief Economist of Deutsche Bank Securities and perennially among the country's top rated economists." SMART MONEY ranks him as one of the top market pundits. INSTITUTIONAL INVESTOR POLL: He consistently places among the most respected economists in the nation. His web site, yardeni.com, has won numerous awards. Dr. Yardeni is the Chief Economist, Global Investment Strategist, and a Managing Director of Deutsche Bank Securities. Dr. Yardeni previously served as Chief Economist for C.J. Lawrence, Prudential Securities, and E.F. Hutton. He taught at Columbia University's Graduate School of Business, and was an economist with the Federal Reserve Bank of New York. He also held positions at the Federal Reserve Board of Governors and the U.S. Treasury Department in Washington, D.C. DON'T KNOW IF ANYONE CAUGHT THIS:-( To me, the significant addition was the 5% chance of a depression that he added last month. Considering that respectable economists NEVER (I mean, NEVER) quantify the possibility of a depression at > 1%, this was extraordinary ... -- BigDog (BigDog@duffer.com), March 13, 1999. greenspun.com Cheryl