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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (1034)2/5/1998 1:41:00 PM
From: Bill Ounce  Read Replies (1) of 9818
 
Tony Keyes -- "Whoops, IT Was Just an Innocent Mistake"

y2ktimebomb.com

excerpt:

In your experience, and hopefully you don't have any, would the
IRS accept the above statement? Well, recently IRS computers
erroneously declared that about 1,000 taxpayers who were current
in their tax installment agreements were suddenly in default due
to a programming error. Is it any wonder that government
officials have characterized the IRS's computer situation as
potentially catastrophic?

The source of the problem, technicians found, was the result of an
attempt to fix a Year 2000 issue in one of the IRS computers. The IRS episode with
installment agreements points to the importance of government agencies and others to
properly test their computers after the 2000 corrections are made, and in fact, the very high
likelihood that we will see widespread problems like this one as we change over to the
next century.
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