Six company's suspended from trading on Turkey's stock exhange after admitting y2k problems

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Six company's suspended from trading on Istanbul stock exhange after admitting y2k problems

Gee, I wonder why more companies aren't owning up to y2k problems. Here's a particularly glaring example of cynical y2k doublespeak from Yahoo "news":

Snip for fair use education purposes:

The Y2K bug remained more myth than menace on Tuesday as London rejoined the working world after the New Year break, but more traditional worries about interest rates quickly deflated markets. From Bangkok to Reykjavik, bourses reported smooth trading without a millennium bug in sight.

In a rare exception to the rule, six companies listed on Turkey's Istanbul stock exchange reported Y2K-related problems.

They were suspended from trading but all later said they had fixed the problem or were taking steps to correct it."

Here's the link to the whole story below:

http://dailynews.yahoo.com/h/nm/20000104/ts/yk_leadall_32.html

-- Carl Jenkins (Somewherepress@aol.com), January 04, 2000

Answers

http://dailynews.yahoo.com/h/nm/20000104/ts/yk_leadall_32.html

-- karen (karen@karen.karen), January 04, 2000.

Does this have any bearing on why theTurkish stock market is in a heavy duty rally while the rest of Europe is tanking? www.marketwatch.

-- SH (squirrel@huntr.com), January 04, 2000.

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