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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Risky Business who wrote (5614)1/18/1998 2:27:00 PM
From: Mighty_Mezz  Read Replies (1) of 13949
 
Back in August, VISA and Mastercard were saying:
NEW YORK (AP) -- Visa and MasterCard plan to soon lift restrictions against banks issuing credit cards that expire in 2000 or later, saying they've largely fixed transaction glitches stemming from a worldwide computer problem....
The limits will be lifted starting Oct. 1, and cardholders are expected to start getting the new Visa and MasterCards by early next year.

207.183.153.206

Wrong!

I just got my new VISA card from Schwab. Old one was valid from 02/96 thru 02/98.
New one is valid from 01/98 thru 08/99.

Darn - I was hoping for a 00 expiration so I could go crash some systems. :-)

I don't know how much $ VISA and Mastercard spend to make and mail new cards, but it's going to increase dramatically.
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