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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

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To: Bob Trocchi who wrote (1588)5/9/1998 10:10:00 PM
From: ctirry  Read Replies (1) of 2011
 
The unpopularity of y2k stocks of late has been pointed out by myself and others on this thread. However, as time goes on things will probably change. To wit, read the following excerpt from a GAO report on the y2k problem dated April 30:

Year 2000-related problems have already been identified. For
example, an automated Defense Logistics Agency system erroneously
deactivated 90,000 inventoried items as the result of an incorrect
date calculation. According to the agency, if the problem had not
been corrected (which took 400 work hours), the impact would have
been catastrophic and would have seriously hampered its mission to
deliver materiel in a timely manner.\6 In another case, the
Department of Defense's Global Command Control System, which is used
to generate a common operating picture of the battlefield for
planning, executing, and managing military operations, failed testing
when the date was rolled over to the Year 2000.

As stories are picked up in the press IMO y2k will become a hot sector.
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