Hi John,
I'd give that one a BS rating of around 80%. Going from; the entire economic system will break down, to offering proof by saying that one 15 year old outdated system will break down, is faulty reasoning. A Unisys spokesman saying the world will come to an end unless you upgrade also strikes me as questionable. The news media loves plane crashes, train wrecks and earthquakes.
Novell for example has inexpensive upgrades for their oldest systems and free Y2K patches for everything else. I'm not sure where Microsoft and the Unix vendors are, but from fuzzy second hand reports I'm under the impression that they either have or are about to have solutions available. From what I understand virtually all systems being sold today are Y2K compatible
It's unreasonable to assume that any company with a market cap large enoungh to affect world trade, would fail to take the necessary steps to upgrade their systems.
I'm not saying the problem does not exist, just that that particluar article has blown it into proportions inconsistant with reality. It might make a reasonable arguement for investing in software companies once the dust settles, beyond that, I think I would have to holler steer manure.
Regards,
Don |
