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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: sibe who wrote (8978)1/15/1998 11:40:00 PM
From: Risky Business  Read Replies (1) of 13949
 
SACRAMENTO, Jan. 14 (UPI) _ California's state government is proceeding with plans to re-program hundreds of its computer systems to cope with the so-called Year 2000 Problem.

The Department of Information Technology expects to spend more than $187 million to reconfigure computers with two-digit codes to recognize the new millennium.

Officials say an estimated 1,600 of the 2,900 systems used by agency boards and departments have no need for adjustments.

But 1,300 of those individual information technology systems currently in statewide use still need re-programming, and more than 600 are considered critical.

Director John Thomas Flynn says the department is expanding its oversight role this year with performance and action plans to help administrators meet conversion deadlines.

Other measures include what's billed as the first state-local government summit in the nation on Feb. 19 to address concerns over shared electronic files that may be vulnerable to the Year 2000 problem.

Flynn says the department also is launching a legal program to limit the state's exposure to liability in the event of glitches.

Gov. Pete Wilson's proposed 1998-99 budget allocates more than $19 million to address the department's re-programming problem, added to the $55 million already in the present year's budget.
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