SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Discuss Year 2000 Issues
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Mansfield who wrote (6106)6/22/1999 2:36:00 PM
From: Christine Traut  Read Replies (3) of 9818
 
John:

Thank you for posting the excellent link to the testimony of the IEEE in support of the Y2K liability legislation. Hey, they finally convinced me that passing the McCain bill is a good idea (are you listening Ken?)

For those who don't want to take the time to read the entire piece, I thought that this section was particularly appropriate to the probably effect of Y2K on the stock market. Big mess. Lasting a long time.

<4.1 Y2K Is a Long Term, Not Short Term, Problem. Irrespective of the notion of Y2K being about time, a point in time, or the fixation on the rollover event at midnight December 31, 1999, or even the name 'Year 2000' itself, Y2K computer problems will be causing computer system malfunctions and failures for years into the next decade. Y2K is much more about the dates that can span the century boundary represented in data that must be processed by software than it is about any calendar time or clock issues. Because of the vast amounts of these, the complex intertwining among them and our less than complete understanding of the whole, it will take years for the infrastructure to 'calm down' after Y2K impacts themselves AND the impacts of the sometimes frantic and misguided changes we have made to it. The current prevention phase is only the beginning. >

Christine

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News