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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.88

+4.2%

Dec 9 4:00 PM EST

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To: Alex who wrote (20000)	9/29/1998 1:16:00 AM
From: John Mansfield	Read Replies (1) of 116801

OT (Y2k) (Accountants!) - No, there is no such language construction in COBOL. However, in the very old versions of Cobol (in combination with older version of mainframe operating systems); there was not yet a concept for 'End Of File' in the interface between Cobol and the operating system. Programmers were thus forced to make a construction for them selves. Many used some special combination of nines in a date field to account for 'EOF'; e.g. '9/9/99' or '9/9' or '99' .... These programs are still around, and are causing problems in Y2k remediation. Possibly the problem hitting us earlier might be the so called 'Jo Anne' effect (thus called on comp.software.year-2000). I am not an accounting expert myself; but the problem as discussed on that newsgroup looks pretty probable to me. Search for this: exchange2000.com Explanation: exchange2000.com Any thoughts? Any accountants around at this thread? John

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