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Technology Stocks : Discuss Year 2000 Issues
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To: Stewart V. Nelson who wrote (1844)5/16/1998 8:52:00 PM
From: Ken Salaets  Read Replies (1) of 9818
 
>> In this litigious environment we live in, what incentive would management have to gloss over the problem?

First analogy that popped into my mind was putting the trash out for the Tuesday morning pick-up. If there is something in there particularly foul, then I hold off placing it curbside until the morning, lest the varmints tear it to shreds and spread it all over the neighborhood before it can be collected. In the case of Y2K, varmints = lawyers.

I personally know of at least one high tech company -- and we're talking a major here -- that has filed an "all is well" but in private they are in an absolute panic.

Ken
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