Discuss Year 2000 Issues Message Board

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Technology Stocks : Discuss Year 2000 Issues

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To: Jeff Mizer who wrote (9227)	11/29/1999 10:22:00 AM
From: flatsville	Read Replies (1) of 9818

Jeff-- >>>Using 1 being disaster with a nuke or terrorist attack touching US soil and 10 being not even able to notice Y2K happened --what is your current evaluation?<<< I have to stick by my view that anything can happen and probably will. Given that so much of the remediation news is self-reported and contradictory at best, it is impossible for a thoughtful person to gague the true potential for disruption not to mention danger. The only thing I can say with any certainty is that by the second quarter of '00 we'll all know something happened...and that "something" will not have been good news for the markets. Belated holiday greetings to all. At the last minute we hit the road for a Thanksgiving visit to family and friends while the price of gas is still affordable. Oddly enough an in-law who pays little attention to the world around her expressed great concern over y2k for the first time. Her highly automated work environment suffered a one-day shut down recently due to a y2k test gone kerblooey. Hundreds of thousands of dollars (perhaps millions?) in productivity, orders, what have you gone to money heaven. I told her to be thankful it was only a one-day event. Her feeling was it should not have happened at all at this late date. Her understanding is that they were done, tested, end of story...no need to worry, everthing's just fine. "How 'bout those contingecy plans?" I asked. "What contingency plans? she asked in reply. We then had "the talk." It was interesting to listen to three of my four programmer buddies who work for the same multi-national employer compare notes as to where the company actually is with the y2k effort. Though none are directly involved in any of the remediation they know people who are and "hear" things. At the end there was a great deal of mumbling and head shaking. Not encouraging...no, not at all.

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