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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: O-MY-O who wrote (8499)1/7/1998 11:07:00 AM
From: E  Read Replies (1) of 31646
 
There have already been posts here about Peter de Jager's "Project Damocles" campaign to collect allegations about companies refusing to fix systems, and to pass them on to the the companies' legal departments so they couldn't claim ignorance later, but I'll excerpt the Financial Times coverage of yesterday. I hope this isn't too repetitive.

[De Jager] launched [his threat] on the internet this week...

He had been prevented from "naming and shaming" companies he suspected of failing to fix the most intractable part of the "millennium bug", that of "embedded" silicon chips, for fear of libel. [But with Project Damocles,] "Should the report turn out to be true, these files will be made available to the lawyers"...

Cases he had come across, he said, included: a large microchip manufacturer which had identified systems that would fail, but put decisions about whether to tell customers in the hands of the marketing department; a list of 30 medical devices and details of how they would fail; and embedded chips which would cause explosions in a chemical plant if not fixed.

Robin Guenier, who heads the UK's Taskforce 2000, described the plan as "courteous blackmail" but said he welcomed it because levels of awareness...were still so low.

[Bold mine--JM]
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