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Technology Stocks : Discuss Year 2000 Issues

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To: John Mansfield who wrote (1119)3/11/1998 3:17:00 PM
From: John Mansfield  Read Replies (3) of 9818
 
'. In fact, Germany is seriously lagging behind in Y2K
preparations'


'<snip>

GERMANY

While few would expect Latin America to be a leader in Y2K
compliance, Germany, with its reputation for efficiency and
technological leadership, would appear to have all the right
credentials. In fact, Germany is seriously lagging behind in Y2K
preparations -- the main reason is that the country's industry and
leaders cannot seem to see past January 1, 1999, when the Euro first becomes a currency in Europe.


"We are very concerned about Germany, because the level of
activity in Germany is well behind where it needs to be. They are
focused on EMU, but have little understanding of Y2K," says Andy
Kyte, research director for Y2K at the Gartner Group in Europe.

"The level of awareness in Mediterranean countries is very poor, but
in Germany things are not much better, and it's a considerably more
computer dependent economy," he says. "They are in a bad way." . .

gtbusiness.com
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