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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote (513)11/25/1997 10:03:00 AM
From: Skeptic  Read Replies (1) of 9818
 
I have no doubt that if this were November, 1999, there would be no way to avoid an economic and social disaster. But two years is a long time. Do you think a disaster is already inevitable?

I know Gartner says it is already too late for many companies, but they're talking about full-scale remediation efforts. In the face of impending doom, people will find a lot of quick fixes and work-arounds that are far from ideal, but good enough to get by.

I sense that the business world has really woken up to the problem in the last few months. If the stock market starts to discount the possible economic effects, it will get everyone's attention.

It seems that the people who are treating the problem seriously aren't having major difficulties fixing it. It just takes a major commitment of time and resources.

Maybe the following paradox applies: If we all believe its serious, it won't be. If too many people don't think so, it will be.

I'd like to hear what other people think about how much can be done in the two years that remain.
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