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Technology Stocks : Y2k Why the stock-market will collapse within days/week

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To: Paul van Wijk who wrote (99)5/21/1998 11:26:00 AM
From: John Mansfield  Read Replies (1) of 185
 
'Managers Struggle To Cope As Software Vendors Fail To Deliver On Promises

'May 18, 1998, TechWeb News

The Year 2000 Double Take -- Project
Managers Struggle To Cope As Software
Vendors Fail To Deliver On Promises
By Bruce Caldwell

As the time for systemwide year 2000-compliance testing
nears, frustration is mounting among CIOs and project
managers over the failure of software vendors to meet deadlines and deliver on
promises.

Among the most common complaints are the need for project managers to
retest software that vendors initially said was compliant, and missed project
deadlines due to vendor problems. Project managers also say they are having
difficulties staying on top of vendor efforts, identifying substitute products, and
adjusting staff and budget levels to cope with vendor surprises.

Even federal agencies, which must make their systems year 2000 compliant by
September and implement them by next March, are having difficulty getting
vendors to cooperate.

"Some vendors have yet to release year 2000-compliant upgrades of their
products," James Flyzik, CIO at the Department of Treasury, told a U.S. House
of Representatives oversight committee.
...

techweb.com
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