BGR, re: <A fine Y2K evaluation:> Did you forget the <g>?
From the referenced post,
y2k - investors who do their homework will find that y2k effect began jan. 1, 1999 and certainly june, 1999 as accounting and budgeting software (and other forecasting software) is already doing year 2000 analysis and number crunching so y2k is not waiting for dec. 31, 1999, it's already here among us and the lights are still on, computers still running
that said, the psychology of y2k may have an effect in late fall on novice investors who haven't done their homework on y2k, or if a glitch by a large firm gets blamed on y2k (it's a convenient scapegoat for management bungling)
Doesn't the Y2K problem have to do with recognizing the current date? Even non-compliant systems get that right in 1999.
As for accounting and budgeting software (and other forecasting software), what about three and five year plans. Using his logic, the problem should have been encountered years ago. <g> |
