I pulled a few surveys together in one place. ======================================================

More than 10% of mutual-fund investors say they plan to cash out of their funds by year end because of year-2000 computer-glitch concerns, according to a study released Wednesday [June 23, 1999]. In the survey of 1,000 mutual-fund shareholders, two marketing companies found that 39% of investors were highly concerned about the impact of Y2K computer issues, while 14% said they will sell shares by December because of their concerns ... Sixty percent of survey participants said they were only "slightly" concerned or "not concerned" about the Y2K issue, though 16% of those investors said they would check their investments more frequently toward the end of the year. Participants had $5,000 or more in mutual-fund assets outside a tax-deferred account, and they ranged in age from 45 to 65 years old, according to DeRemer Associates and Prince & Associates. http://interactive.wsj.com/archive/retrieve.cgi?id=SB930182133210676878.djm

Not a survey, but worth being included to see overall pattern. A growing number of U.S. asset-backed players are considering STAYING OUT OF THE FOURTH-QUARTER MARKET for fear of exposure to a year-end bug ... http://www.techstocks.com/~wsapi/investor/reply-9543907 REUTERS

FDIC SURVEY: Y2K and The Banking Industry - Baseline Survey Report - 62% will definitely or probably withdraw some extra cash. - 14% will definitely or probably withdraw ALL deposits. http://www.fdic.gov/banknews/fils/1999/Y2Ksurveyreport.pdf

Pick a poll, any poll. This one: http://www.gallup.com/poll/releases/pr990312.asp Or maybe this one: http://cnn.com/US/9901/10/y2k.poll/index.html Or perhaps this one: http://www.sciencedaily.com/releases/1999/01/990108080346.htm Your choice. They ALL say that (X%) people plan to pull out "a little extra" money or (Y%) all of it before 12/31/99. Ken Seger

Cheryl

-- Cheryl (Transplant@Oregon.com), June 24, 1999

Answers

Cheryl,

Thanks for putting that together!

Jerry

-- Jerry B (skeptic76@erols.com), June 24, 1999.

Some of us have already pulled out all the equity we can from the market, or are leaving in only token amounts.

-- Mad Monk (madmonk@hawaiian.net), June 25, 1999.

Oh, the Fed bone's connected to the Bond bone

And the Bond bone's connected to the Stock bone

And the Stock bone's connected to the Funds bone

And the Funds bone's connected to the [Phone bone?]

And the Phone bone's connected to the Bank bone

And the Bank bone's connected to the Card bone

And the Card bone's connnected to the Check bone

And the Check bone's connected to the Cash bone

And the Cash bone's connected to.... WELL?

-- jor-el (jor-el@krypton.uni), June 26, 1999.