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Technology Stocks : WCOM
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To: Maven who wrote (4881)8/14/1999 8:51:00 AM
From: JM  Read Replies (2) of 11568
 
Probably the start of many such articles to come:

news.com

As the problem remains unresolved,the bad press will continue, and there may be longer term economic impact to WCOM (more than I originally concluded). One wonders how all of the ISPs and business networks will deal with a shut down due to Y2K (a very distinct possibility)?

Customers have come to expect flawless reliability in the performance of communications networks. Because these networks are designed and installed by inherently imperfect humans, this expectation is unreasonable. However, it appears WCOM will suffer the wrath of unsatisfied customers, which may effect economic performance.

ATT recovered quite well from a similar incident. Not sure if WCOM is or will handle the problem as adeptly. I'm holding my WCOM shares and carefully observing.
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