' CEO's: Hunkering Down
'From:
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Subject:
CEO's: Hunkering Down
Mounting a Defense Against Millennium Bug
The news that 10 percent of the nation's top executives are stockpiling canned
goods, buying generators and even purchasing handguns cannot be all that good.
No, what has the executives hunkering down is the worry that when the clock
turns over to Jan. 1, 2000, the nation's computer infrastructure will go on
the fritz, with electricity and water supplies following suit. The Y2K, or
Year 2000, problem has received no dearth of attention. But a new survey from
CIO Magazine, a publication for chief information officers, chief executives
and vice presidents of large corporations, shows some concern among business
leaders.
Of 330 executives surveyed, 56 percent said they believed the millennium bug
would not be fixed in time, while a handful seemed to be planning for
something more drastic. In fact, 10 percent said they planned to stockpile
canned goods, 11 percent were buying generators and wood stoves, and 13
percent were upgrading personal security "with alarm systems, fencing and
firearms."
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Tell me the name of just one of these CEO's who has admitted that their
company will not make it. It's always the 'other' guy.
Half of them don't think the job'll get done and a small number are out there
buying generators.
Yeah, it sure sounds like being in a city surrounded by thousands of
unprepared people is 'such' a good idea.
nytimes.com |
