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Technology Stocks : Discuss Year 2000 Issues

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To: Jeff Mizer who wrote (9257)12/1/1999 11:52:00 AM
From: flatsville   of 9818
 
Jeff--

I found the part about the Fed requesting storage space for currency on military bases interesting to say the least:

>>>We can do even more if there is a long lead time on the request. The Federal Reserve said 'we want to stash cash' in certain locations where the banks had no room but the bases had space, so we accommodated them. But Montgomery County asked 'can you house 600 prisoners?' We referred them to the recruiting command. (L) [[Note: there were news reports a few days earlier about British Army proposals to recruit from prisons.]]<<<

I'm also fascinated by this:

>>> <comment from military officer in audience> About Phone Switches. We've tested them, the switches will work but the maintenance, logging, and billing databases will become corrupted. The phone switches degrade. There will not be a catastrophic failure; it will take 1-2 months.<<<

Say wha? Huh?

I could think of about a dozen follow-up questions to each of these two statements.

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