interesting comment from investors' service

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

This came with a 401k quarterly statement at the place I work today:

From Wright Investors' Service in Bridgeport, CT

--The countdown to Y2K is now under 100 days, and Wright is prepared for any potential investment ramifications as well as for any disruptions to our computer systems, software and vendor services. We are just a few weeks away from unplugging our mainframe computer and completing our migration to our server-based network (they're only just now doing this??!!!). While the investment environment leading up to the millenium may not be conducive to record-setting returns on a par with those seen in 1995-98, we remain very positive on the longer-term outlook for high-quality securities...--

Sounds like they're trying to prepare their investors for a downturn of sorts...

-- Libby Alexander (libbyalex@aol.com), October 15, 1999


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