Third Millennium Advisors
Third Millennium Advisors is a investment research firm providing in-depth analysis of targeted industries. For the past year, the company has placed a strong emphasis on the analysis of the Y2K computer bug and its effect on the world economy from an investment perspective.
Y2K Opportunities
Third Millennium Advisors believes that Y2K will dramatically change the business landscape for many companies throughout the world. Companies that have not properly prepared for the potential disruption of Y2K may lose their competitive advantage to other firms as they struggle to recover from the bite of the bug. Even if a company successfully remediates its own computer systems, this does not necessarily mean that it is out of harm's way. The primary focus of the Third Millennium staff is the interdependence of business; how business depends directly and indirectly on thousands of other firms. If your suppliers are not Y2K compliant, how will this effect your business? Our research identifies companies which we feel will be hard hit by the bug. In addition, we identify equity which should perform very well once the Y2K dust settles in 2000.
Industry Focus
As we search for industries and industries which are vulnerable to Y2K, we look for certain red flags such as:
- Does the company rely on a large number of suppliers such as manufacturing?
- Are Just In Time (JIT) processes an integral part of company's operation?
- Does the company rely heavily on foreign suppliers and customers?
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© Copyright 1999 Third Millennium Advisors
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