Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: TEDennis who wrote (11572)	5/14/1998 3:14:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) of 13949

TED, I asked one of the country's most prominent Y2K lawyers pretty much the same question. I asked why it is that if one buys a toaster today and it shorts out on 1/1/2000 that one is likely to just chalk it up to fate and/or planned obsolescence? Yet why is it something you or I may have programmed in 1985 that fails on 1/1/2000 can get us sued for negligence? And, in the case of embedded systems, if a capacitor blows in our coffee maker after three years we might curse about caffeine withdrawal but we probably wouldn't think twice about going out that day and buying a new one. Yet if the chip that makes a fresh pot every Monday-Friday at 7am gets out of whack on 1/1/2000 we'd probably sue, or at least a bunch of law firms would probably sue "on our behalf". His answer? "It's not the same thing." Duh. - Jeff

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