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To: Chuzzlewit who wrote (119167)4/20/1999 8:37:00 AM
From: Indelible  Read Replies (3) | Respond to of 176387
 
CTC,re: The logic (?) didn't change in a single day -- it was always there.

I hate to be logical so early in the morning,but given the consensus of opinion that the majority of Y2K problems will be experienced by other countries around the world and individuals who did not have the resources to upgrade as the U.S. Gov. and businesses have and given the fact that internet companies rely on contact by individuals around the world by computer for their advertising revenue (web hits) and commerce,wouldn't it seem logical that the markets would see this problem only eight months out and determine this to be a just cause to pop the internet bubble and seek the safe haven of cyclicals (actual cash flows)?Or it could just be the 'Goldman IPO' indicator.<GGG>