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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote (8074)8/18/1999 9:05:00 PM
From: Edwarda  Read Replies (2) of 9818
 
GARTNER: Y2K VICTORY AT HAND

...Gartner's study concluded that 25% of all Y2K failures will happen this year, with post-testing code defects and an expected fourth-quarter surge in transactions using date-forward calculations being the primary causes.

But come New Year's Day, Marcoccio added, few Americans will feel Y2K's effects.

"We don't expect any real significant problems to the general public" on Jan. 1, he said. "In fact, it's probably going to go by somewhat unnoticed," except for some small, isolated problems such as not being able to buy a perishable food commodity or waiting a few extra days for a heating oil delivery.


Just out of curiosity, do you read your own postings? Gartner is the company that early on estimated huge costs and a potential collapse. Now, with plenty of evidence pouring in, this statement is quite mild. Of course, there are going to be supply chain problems, especially where the developing world (or whatever the current PC term is)is part of the supply chain--any fool can foresee this. But have you talked to any companies to find out what their backup and contingency plans are?

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