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Technology Stocks : Discuss Year 2000 Issues

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To: Mighty_Mezz who wrote (1540)5/2/1998 12:01:00 PM
From: Stewart V. Nelson  Read Replies (1) of 9818
 
David

I agree, but still pretty strong words. I have not run across many reports that use the word "solved"!

Take a look at this one..looks like early recognition of the problem was the key factor at Bowater. We should all call and congratulate them!!

BOWATER INC 3/25/98 12/31/97 $1485 01 BASIC MATERIALS 0133 Paper & Paper Products
Year 2000 Compliance
Since 1990, the company has reengineered its major internally developed software programs. During this effort, the company examined potential problems arising from the inability of certain application software programs to recognize the year 2000. A formal review of all internally developed software was completed in1997. No major problems were encountered. In addition, all major third-party licensed application software programs have been reviewed and are either compliant or have released a compliant version to which the company will migrate during 1998. The costs associated with this project are currently expected to be less than $1 million.
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