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Technology Stocks : Discuss Year 2000 Issues
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To: C.K. Houston who wrote (1556)5/2/1998 6:56:00 PM
From: Stewart V. Nelson  Read Replies (2) of 9818
 
CK

Talk about "boilerplate"....I know they are merging but it looks like they face "IDENTICAL" Y2K risks??? Only an accountant could figure how 100+100=250M


Year 2000 Costs SWBell currently operates numerous date-sensitive computer applications and systems throughout its business. As the century change approaches, it will be essential for SWBell to ensure that these systems properly recognize the year 2000 and continue to process critical operational and financial information. SWBell has established processes for evaluating and managing the risks and costs associated with preparing its systems and applications for the year 2000 change. Total expenses for this project have been estimated to be less than $100 over the next three years. SWBell expects to substantially complete modifications and incur most of these costs during 1998 to allow for thorough testing before the year 2000.
ERNST & YOUNG LLP

Year 2000 Costs PacBell currently operates numerous date-sensitive computer applications and systems throughout its business. As the century change approaches, it will be essential for PacBell to ensure that these systems properly recognize the year 2000 and continue to process critical operational and financial information. PacBell has established processes for evaluating and managing the risks and costs associated with preparing its systems and applications for the year 2000 change. Total expenses for this project have been estimated to be less than $100 over the next three years. PacBell expects to substantially complete modifications and incur most of these costs during 1998 to allow for thorough testing before the year 2000.
COOPERS & LYBRAND L.L.P.

SBC currently operates numerous date-sensitive computer applications and systems throughout its business. As the century change approaches, it will be essential for SBC to ensure that these systems properly recognize the year 2000 and continue to process critical operational and financial information. SBC has established processes for evaluating and managing the risks and costs associated with preparing its systems and applications for the year 2000 change. Total expenses for this project have been estimated to be less than $250 over the next three years. SBC expects to substantially complete modifications and incur most of these costs during 1998 to allow for thorough testing before the year 2000.
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