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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: tech who wrote (7725)11/11/1997 12:00:00 PM
From: tech   of 13949
 
Europe's Top 100 Firms: Not One Is Compliant
Link:
nando.net
Comment:
Time is running out. By now, we should have one example of one large firm that
is Year 2000-compliant. We don't have one. Shouldn't there be at least one
compliant firm? Somewhere?



* * * * * * * * *

"The magnitude of the task still at hand and the short time to complete it cannot
be overestimated," said Richard Kramer, author of the study made for the U.S.
investment bank, Goldman Sachs.

The study found that just 43 out of the 100 biggest European companies had so
far conducted a detailed investigation of the implications that the date change
could have on their computer systems. Not one said that its software could
handle the date change.
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