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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (82792)	6/4/1999 6:46:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

Ten, interesting that Neff thinks Y2K effects on stocks should be peaking now. I have also considered this the biggest potential downer for '99, but had it pegged for much later in the year, like late Q3, early Q4. I mean, won't those that believe the Yardeni's of the world get more paranoid as we get closer to 1/1/00, and the great computer freeze? Gotta go off and think some more. Wonder what Gartner thinks. Tony <Y2K Impact. As noted, we excluded 1995 from the analysis because of the aberrant impact of Windows95 that year. Y2K could have a similar impact this year thus leading to non-typical results. This is possible but, as we have discussed previously, we believe that the impact of Y2K on stocks should peak around now owing to the maximum uncertainty but that any impact should diminish over the course of the year as visibility increases. As an aside, we would note that Y2K seems to be the dominant concern with investors at this point, but we think it is a "time capsule" issue, i.e., one that goes away with time and thus reduces its impact on stock prices.>

To: Tenchusatsu who wrote (82792)	6/4/1999 6:48:00 PM
From: xstuckey	Read Replies (1) \| Respond to of 186894

The Y2K effect on stocks has been my biggest worry of this year. Not that I fear Y2K's effects, but that many other people will. Tenchusatsu, When it comes to computer related stocks, there are two Y2K problems to worry about: 1. Will companies quit buying hardware in order to use all IT money to solve Y2K local problems ? 2. Will people panic and drop out of the market as the "turn of the century" approaches ? I read Neff as addressing problem #1, but you may be talking about problem #2. Am I correct ? Best Trading, X

To: Tenchusatsu who wrote (82792)	6/5/1999 10:46:00 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

RE:"The Y2K effect on stocks has been my biggest worry of this year. Not that I fear Y2K's effects, but that many other people will. Andy Neff's blurb right here sounds very reasonable to me and tells me that I have nothing to fear by just holding and riding out the storm. Of course, I'm tempted to try and sell in anticipation of a drop, then buy back when the panic sets into the market, but I would guess that wouldn't be too wise at this time."... Be worried. Not all stocks will go down, BTW...