click here for Dennis Grabow article

which argues that wealth transfer will begin long before 2000 as companies on "leper lists" will lose out to compliant firms and the SEC is proposing a rule to shut down non-compliant firms this fall.

Apologies if this link has already been posted.

-- Puddintame (achillesg@hotmail.com), April 20, 1999

Answers

Maybe we can get Ed Y to comment, since my sense is he is working intensely with clients making big-time supply chain decisions right now.

Even IF TEOTWAWKI (especially if), this transfer offers huge oppy's, not just problems. I'm a doomer with respect to the claim that Y2K will be a bump, but an optimist with respect to post-Y2K world. GIs are going to be at a major advantage due to our flexibility in the face of circumstances that will catch 90% by surprise.

-- BigDog (BigDog@duffer.com), April 20, 1999.

Interesting thought.

Readiness will prepare those individuals for seizing the opportunity when it comes.

Or to paraphrase Mike Lang - He who has cash is King!

I kinda Like that.

Father

-- Thomas G. Hale (hale.t@att.net), April 20, 1999.

BigDog: Only if the local authorities for example don't decide to just take what you have for the 'larger good' will you be able to sell/trade them to your benefit. And you can't sell/trade without letting people know you have it.

I hope the nuclear agencies are as serious about shutting down anything not totally compliant as the SEC seems to be.

Father: There is a fabulous short story called "The Country of the Blind." If you haven't read it, a brief summary:

In the country of the blind, the one-eyed man is king. This was the famous saying in John's homeland. One day in a plane crash he found himself in this remote village where all the people had sunken eyes, closed eyelids. They were blind. He remembered that famous saying. As the story goes on, they think he is retarded, crazy, and decide to operate and remove his eyes, which are obviously causing his 'delusions.' He barely escapes with his life. There's a moral in this. The moral reminds me of a card I once sent a friend that read, "The problem with being a leader is that sometimes you can't tell if the crowds are following you or chasing you."

Usually, having what someone else doesn't have is a good thing and a financial opportunity. Sometimes, it can merely set you apart and make you a target. BigDog, I hope your home is a fortress. Wish I lived in one. :-(

PJ in TX

-- PJ Gaenir (fire@firedocs.com), April 21, 1999.