Waiting for the big Kahuna 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.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James F. Hopkins who wrote (17058)	4/22/1998 12:30:00 PM
From: paulmcg0	Read Replies (2) of 94695

Computer glitches (in both hardware and software) come about because of a condition the designers didn't anticipate. As systems get more complex, the possibilities of a trivial mistake in the design causing a much bigger problem increase. For example, one of the customers for the products I work on as an engineer lost a week's worth of billing data for their telephone network because of an unanticipated combination of events. The guy who did the software that failed claimed "It wasn't a bug! It was an inconsistency in the code..." (Hopefully, this data can be extracted from a different computer file, but it will be tedious.) Now, if you want an example of a problem in the stock market consider this -- I did a sale of some stock in the corporation I work for. There was a problem with the broker's computers, and the trade was recorded as a short sale, instead of a regular sale, and they showed I still owned the original stock. I had to get on the phone and force them to fix this right away, because I didn't want my employer thinking I had shorted the company's stock. Moral: People put far too much faith in technology. Paul M.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next