SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Mansfield who wrote (12667)3/20/1998 5:04:00 PM
From: John Mansfield   of 31646
 
'Chaos Coming

The January 13, 1998 Financial Times reported that 60 senior business executives
warned that governments are not moving quickly enough to fix their Year 2000
Problem in a statement to be delivered to President Bill Clinton and the Prime
Ministers of Britain and Canada.

"We fear that governments lag in assessing and addressing the problem," says the
statement. It warns that disruptions could extend to "delays in welfare payments, the
triggering of financial chaos by a breakdown in revenue collection and debt
management, and malfunctions in the air traffic control and defense systems."

Among the 60 executives signing the statement are impressive fellows from

Lloyds TSB Banking Group
British Aerospace
BAT Industries
Thames Water
Bechtel Group
Unilever
Bombardier
Texas Industries
Ford Motor Company.

Quite an impressive bunch. This is a very important statement: This is the first time that
a group of business executives has sounded the Y2K alarm. It's nice to get some
confirmation that I'm not delusional about the Y2K issue. Y2K skeptics claim that
Y2K consultants are stirring up unwarranted fears to drum up business. Now it isn't
just the consultants and an economist sounding the alarm.

yardeni.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News