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Technology Stocks : Discuss Year 2000 Issues

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To: Hawkmoon who wrote (7216)7/26/1999 12:45:00 AM
From: Gary R. Owens  Read Replies (1) of 9818
 
Y2K glitch likely to disrupt trade, State Department official says

July 22, 1999
BY JIM WOLF
REUTERS

WASHINGTON -- The 2000 computer glitch is likely to disrupt the worldwide flow of goods and services, perhaps sparking havoc and unrest in some countries, a top State Department official said in remarks prepared for Congress and obtained Wednesday.

With less than six months left before the technology-challenging date change, "the global picture that is slowly emerging is cause for concern," said Jacquelyn Williams-Bridgers, the State Department's inspector general.

"Our assessments suggest that the global community is likely to experience varying degrees of Y2K-related failures in every sector, in every region and at every economic level," she said....
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