Y2K (Year 2000) Personal Contingency Planning Message Board

STOCKTALK

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 : Y2K (Year 2000) Personal Contingency Planning

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cheeky Kid who wrote (136)	4/20/1998 2:33:00 PM
From: C.K. Houston	Read Replies (1) of 888

Skeptic, < For the record, I have never said that the Y2K would not cause problems. I do believe that people love to dwell on the doom and gloom scenario. Doom and Gloom in the media sells. I believe people are causing unnecessary panic concerning the Y2K. I believe they will be proven wrong in most cases. > GEE ... maybe GM should hire you instead of Ralph Szgenda. Since you & Bill Wexler REFUSE to read/rebut the FORTUNE article, I thought I'd help out. Cheryl ==================================================================== Unfounded gloom and doom? Not if you listen to Ralph J. Szygenda, chief information officer at General Motors, whose staff is now feverishly correcting what he calls "catastrophic problems" in every GM plant. In March the automaker disclosed that it expects to spend $400 million to $550 million to fix year 2000 problems in factories as well as engineering labs and offices. "At each one of our factories there are catastrophic problems," says the blunt-talking executive. "Amazingly enough, machines on the factory floor are far more sensitive to incorrect dates than we ever anticipated. When we tested robotic devices for transition into the year 2000, for example, they just froze and stopped operating." Or consider the words of Rob Baxter, Honeywell's vice president in charge of making his company's line of industrial control products "year 2000 compliant," to use computer industry jargon. From what he has seen among Honeywell customers, Baxter fears that "some plants will have trouble operating and will have to shut down. Some will run at a reduced scope. I expect considerable system outages during December 1999 through February 2000." FORTUNE MAGAZINE - April 27, 1998 Industry Wakes Up to the Year 2000 Menace pathfinder.com =================================================================== Why don't you write a "letter to the editor" and tell them that these guys are over-reacting?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next