2000: Y2K Civilized Discussion Message Board

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Technology Stocks : 2000: Y2K Civilized Discussion

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To: Lane3 who wrote (488)	9/1/1999 10:15:00 AM
From: flatsville	Read Replies (2) of 662

k--You wrote. >>>Conversely, so much for those who find discrepancies in these data and are happy to pronounce a lie or a conspiracy. Works both ways.<<< There are Japanese cultural and business practice issue which exacerbate the "validity of self-reporting" issue. >>>I would agree that many companies are not telling the truth - but this is mostly from ignorance rather than a deliberate policy. However, having told an untruth, they must confess if they subsequently wish to change their tune - and THAT results in a loss of face.<<< Add to that the fact that the Japanese have been incredulous, stubborn and seemingly "stuck on stupid" re: certain y2k remediation issues. We (the West) have known this for some time. The initial debate with them re: the Japanese calendar v. Western calendar issue as it applies to OS was what I call a clue. Reporting consultancies should have been more thorough, vigilant, timely and above all wary when assessing Japanese self-reporting.

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