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

To: Hawkmoon who wrote (5385)	4/8/1999 5:18:00 PM
From: David Eddy	Read Replies (2) \| Respond to of 9818

Ron - That is the crux of my argument in regards to other infrastructure as well, including power. Now I'm not an engineer and I'm not going to say that my argument is especially sound. However, I have the sense that we're not being held hostage to our technology to the EXTREMES that certain other people claim we are. Correct. We will muddle thru. There will be plenty enough warning that things will be sloooooowing down. The morbid fascination simply comes from the normal human condition that fascinates on the morbid, particularly when "magic" numbers are involved... y2ktimebomb.com Largely unnoticed in all the hand waving is that predictions of the imminent end of the world are as old as time itself. One thing I've started to see is an increased (?) number of "earnings surprises" that are often attributed to a noticable slow down in spending as companies enter year 2000 spending freezes or "lockdowns" where nothing new is introduced... washingtonpost.com Clearly not good news for hot companies peddling bleeding edge vaporware. Anyone have a handy list of stocks with PEs above 50? - David

To: Hawkmoon who wrote (5385)	4/10/1999 9:53:00 AM
From: flatsville	Read Replies (1) \| Respond to of 9818

Ron-I wouldn't get too excited about the functionality of our infrastructure just yet. Denver metro sewage is by far the exception (isn't that biogas generator just brilliant?) not the rule. This week after a Sydney, Australia newspaper declared, "There will be no need to hoard water when Sydney ushers in the millennium just in case Sydney Water is not Y2K compliant," we get this as a follow up: (from sangersreview.com) >>>Sydney Water Says Can't Guarantee Full Supply on Y2K Dates (Dow Jones Newswires/AP -- requires paid registration) Last Wednesday we read that Sydney (Australia) Water was claiming that only 1.57% of the systems were left to be tested (implying that 98.43% had already been tested compliant); to that article we add a few wrinkles. Today, the corporation's managing director, Alex Walker, said that the company could not guarantee its suppliers would be ready in time (though he said they could never guarantee its suppliers would be able to supply uninterrupted service, on any day of the year). Puzzlingly, he added that "currently 92% of day-to-day customer service systems are Y2K compliant." *Last year, Sydney had to drink boiled or bottled water for weeks as Sydney Water struggled to clear the water of microbes.*<<< (Get out the water filter and some clean bottles, eh?)