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

To: Cheeky Kid who wrote (5041)	3/26/1999 8:37:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 9818

Cheeky, I think you're going a bit far in calling Year 2000 issues a "scam". You can call the hype and fear-mongering a scam or an over-reaction, but you can't credibly suggest that the entire issue is non-threatening to the economy. Yardeni stills make the most credible argument when he compared the flow of information to the flow of oil. Without the free flow of both, the economy is adversely affected. No one here can say with any certainty exactly what the actual impact will be, not you, nor any "doom and gloomer". Your radical naysaying rhetoric is no more helpful to assessing the ACTUAL impact of Y2K on the world, that was Ken's fear-mongering predictions of Armageddon. The reality of Y2K lies somewhere in the middle, and I think this thread is being followed by people like myself trying to get a sense of exactly where on that economic "bell curve" of disruption we're actually going to fall. Regards, Ron

To: Cheeky Kid who wrote (5041)	3/26/1999 10:07:00 AM
From: Sawtooth	Read Replies (1) \| Respond to of 9818

<<The more and more research I do on the Y2K subject the more convinced I become that Y2K is the biggest scam the world has ever seen. I have never said critical systems didn't need to be fixed. But the misconceptions and all the hype is so sickening.>> So, for the sake of discussion, Cheeky, and to take a little different tack on Y2k, let's forget about western world computer systems. My opinion is that crock o' crap, biggest scam, whatever, there are likely to be significant problems due to 1) the panic factor; whether or not all systems in N. America work just peachy, and 2) the negative economic effect on the global economy resulting from other areas of the world where being in the middle of a war, trying to find the days food, or attempting to keep the country from tipping over financially or civilly are higher priority than Y2k, regardless of whether or not resources to address the systems issues are even available. Aside from systems, do you also see these problems as likely not to occur? (Please note: no place did I refer to TEOTWAWKI, meltdown, etc., ad infiniridulounauseum. I did say "significant problems" and "effects".) Regards. ...Tim