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Technology Stocks : Data Dimensions

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To: Paul van Wijk who wrote (4218)2/15/1998 11:26:00 AM
From: BayTay   of 4571
 
Paul-

I'm new to this site so pardon me if I just jump right in and join this
conversation.

I'm a computer scientist for a living and I'm still predicting that at
least one significant company in each industry will probably go under
due to the Y2K problem.. This is because there are some idiots in the
world (some of them work for the WSJ) that are saying the Y2K problem
is just a made-up problem by the Gartner Group just to generate business.

This couldn't be further from the truth. Fact is, the problem IS REAL
but some CEO don't believe it and will not fund the resources to fix
it until it's too late (probably Monday, Jan 3, 2000). He/She will get
a call at 5:00 AM and the caller will spill the bad news...the computer
systems (nationwide) are down...the CEO will say how long to fix it?

Caller will tell him (if he's honest) 3-6 months (or more) and the CEO
will expect to hear "a few hours.."...then, it's too late. These problems
cannot be fixed in a hurry..

In the next year, many of these CEO will be convinced that the problem
is real and the company will go into panic-mode and start hiring Y2K
companies or other system integrators to fix the problem and and it will
be an interesting 2 years...then the litigation will start after all
of the computer systems fail...

..but that's just one man's opinion...
Bret
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