Y2K article in Financial Post (Canada)

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There was an article today in the Financial Post (out of Toronto, Ont., Canada). It was a third of a page long, on page D4, written by Jonathan Chevreau (who quite likely looks in here - hi, Jon :-).

He states that mass media is not the place to keep up on Y2K and recommends the net, with the proviso that "it's an easy trap to focus on sites that are too negative or alternatively, too sunny". He recommends reading Ed's Endgame essay, giving the address. He states that while he finds "Ed to be balanced and reasonable, many in the Y2K-OK crowd do not", and recommends a balancing, positive site. He continues with some other site recommedations, and "reiterate and earlier request to those in the Y2K trenches to e-mail me anonymously: Is there a disconnect between the reality and official claims of Y2K readiness?

Just in case the public relations statements have run ahead of reality, I still regard a month's worth of 'just in case' personal preparations as insurance just as worthy as paying for life, fire or car insurance."

He says that several financial advisors e-mailed him to say that they're taking defensive positions for the rest of the year.

He ends with a great paragraph: "It's a wonderful thing if indeed the hard work of programmers around the world has 'solved' Y2K, if only at the 11th hour. We should all be grateful. But I'm still not buying stocks until several months or the new year have passed."

His e-mail address is "jchevreau@nationalpost.com". I don't know if the article is available on net or not.

What would happen if a major US financial paper carried a similar article?

-- Tricia the Canuck (tricia_canuck@hotmail.com), October 19, 1999

Answers

Tricia

I should give him a shout eh? Sounds like the right idea. Find out for yourself rather than listen to the talking heads.

-- Brian (imager@home.com), October 19, 1999.


Go for it, Brian :-)

-- Tricia the Canuck (tricia_canuck@hotmail.com), October 20, 1999.

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