Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Howard Clark who wrote (4773)	3/18/1999 6:19:00 PM
From: Christine Traut	Read Replies (2) \| Respond to of 9818

In regard to 'more mixed messages from Dr. Ed', I have a theory as to why he is hedging a little. I have enormous respect for Yardeni - he didn't have to take on Y2K and he has done an incredible job of getting people to take it seriously. There is a toll involved in being the bearer of bad news. (Bet certain people on this board understand what I am talking about). After a while, you just start to feel lousy about yourself when people look at you as though you are trying to scare them. So Ed, and De Jager and everyone else are longing for better news. And one of the first things that happened when companies finally started to take Y2K seriously is that the CEOs got involved. The guys who probably used to play football. Who listened to all of those inspirational half-time talks when they were down by four touchdowns in the Big Game. The CEOs who got to where they are by standing up and saying 'yes, gosh darn it, we will do whatever it takes....' Those guys can be pretty persuasive. And I know that they are sincere. And I can understand why Dr. Ed wants to believe them. But - the poor, overwhelmed geeks are down in the basements, programming away. When Cory H. says that things are not that bad...I'll sleep easier. Cory is immune to CEO-speak. In the meantime, I think that Dr. Ed is hedging his bets. When people start to realize that Y2K is a fixed deadline and there are no miracles - Yardeni can go right back to 70% and say that he never really lowered his prediction of global recession. One woman's opinion.