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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (1595)	4/23/1999 7:25:00 PM
From: porcupine --''''>	Respond to of 1722

WASHINGTON (AP) - The Senate has begun debate on what many feel could be the real Year 2000 computer crisis - the economic meltdown caused by thousands of lawsuits. "This is a very, very serious issue," said Sen. John McCain, R-Ariz., chief sponsor of legislation that seeks to limit litigation resulting from the so-called Y2K computer problem. "The potential drain on the economy is staggering." One commonly cited estimate puts the litigation from Y2K at $1 trillion, far exceeding damages sought in breast implant or asbestos lawsuits. McCain's bill would give companies up to 90 days to fix computer problems before having to face lawsuits, and would encourage mediation, put caps on punitive damage and limit class action lawsuits.

To: porcupine --''''> who wrote (1595)	4/23/1999 7:27:00 PM
From: porcupine --''''>	Read Replies (1) \| Respond to of 1722

*** Boeing rocket fails to launch --'''':< CAPE CANAVERAL, Fla. (AP) - The launch countdown went all the way down to zero, but Boeing's new Delta III rocket never lifted off. The rocket remained on the pad after failing to ignite late Thursday. It was the fourth time in two weeks that Boeing tried to launch the rocket with an Orion broadcasting satellite. "3-2-1, zero. Plus-1. Plus-2. And we had a hang fire or a misfire," the launch commentator announced. Neither the core stage of the rocket nor the strap-on boosters fired. The company will try again early next week. The Delta III is key to Boeing's plan to grab more of the launch market. The rocket is designed to carry twice as much payload as the smaller Delta II. See