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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (1320)	3/30/1998 12:17:00 PM
From: Bill Ounce	Read Replies (1) of 9818

Pacific exchanges lead Y2K fight news.com [...] Afraid the programming error will crash computers and trigger technological heart attacks in financial markets around the region, bourses from Sydney to Manila are pressing companies to solve the problem. Many say this computer time bomb is so dangerous that firms have a duty to tell shareholders what progress they have made in reprogramming or replacing systems that have the problem. "Investors have a right to know whether to buy shares in a particular company and if the company is capable of functioning in two years time when the millennium bug could go into action," said Howard Hsu, senior analyst in information technology at International Data Corporation in Hong Kong. [...] It is the management's responsibility. We can only remind people to state the progress. If they don't do it, shareholders will ask why," [...]

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