The cries are growing louder and more frequent. The millennium bug could spell misery for the world's population. In the early days of computing, digits representing the dates in most software programs were shortened from four numerals to two in order to save valuable memory space. Consequently, computers serving all levels of government and business will be spewing out erroneous data when the clock rolls forward on January 1, 2000 unless they are repaired in time. Time is growing short and many remedial projects are alarmingly behind schedule. The result of this massive digital nightmare could mean a shutdown in the securities and banking industry, the entire distribution system for goods worldwide, public utilities, telecommunications, civil defense, all levels of government and more. Y2K A BONANZA?
Though the Y2K problem should not be taken lightly, there will be enormous profit opportunities for those able to maintain their wits and execute well-thought-out plans. Whether Y2K turns out to be a disaster or a mere inconvenience, we will see never-before opportunities in certain business start-ups, precious metals, select sectors of the stock market, real estate and high-paying employment opportunities. Charles Steed explains the Y2K problem and its effects on government, banking and securities, national distribution, communications and virtually every other sector important to our lives. Steed sees the crisis as a serious one and provides valuable information on how to prepare for Y2K both physically and financially. The book profiles more than 70 publicly traded companies whose stocks are positioned to take off once the public-at-large understands the scope of the problem - and public awareness is growing. Steed says Some of these firms are poised for explosive growth much like the Internet stocks of 1998.
During every crisis there are always individuals who fare better than others, but that doesn't happen by accident. Turning Y2K to your advantage takes an acute understanding of the situation, knowing who stands to gain from it and why, and a specific set of plans designed to exploit already existing factors. Crash Course 2000 provides this information in an easy-to-read, no-nonsense format.
