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Technology Stocks : Discuss Year 2000 Issues
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To: John Mansfield who wrote (1081)2/20/1998 4:49:00 PM
From: John Mansfield  Read Replies (1) of 9818
 
'They outsourced all IT responsibilities to another company'

'End result: They gave up without even trying. They outsourced all IT responsibilities to another company'

'as of last month, some of the (most critical) problem systems have not yet even been reviewed for potential problems.'

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'True Story # 2:

In 1995 a certain fortune 500 company became aware of Y2K due to the Gartner Group. This company undertook a fairly complete inventory of their hardware, software & embedded systems. Having spent many years and mucho dinero setting up various custom solutions, they of course uncovered a hornets nest of problems.

End result: They gave up without even trying. They outsourced all IT
responsibilities to another company (who shall also remain nameless).
Company number two specifically agreed to take responsibility for all
maintenance + remediation + new development for an annual budget in the hundreds of millions. This was in 1995, and I know that, as of last month, some of the (most critical) problem systems have not yet even been reviewed for potential problems.

They are thoroughly enscrewed, but their stock price is up.

Jim Abel'

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Newsgroups: comp.software.year-2000
References: <6cip65$g26@newsops.execpc.com>
Subject: Re: Lack of awareness
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