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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Beobe who wrote (17903)6/2/1998 5:12:00 PM
From: Michael Baron  Read Replies (1) of 31646
 
This is excerpted from the 10Q/SB filing by RNTK (Rentech), a popular SI thread:

"PAGE 13

Year 2000

The Company has conducted a comprehensive review of its computer
systems to identify the systems that could be affected by the "Year 2000"
issue and is developing an implementation plan to resolve the issue. The
Year 2000 problem is the result of computer programs being written using
two digits rather than four to define the applicable year. Any of the
Company's programs that have time-sensitive software may recognize a date
using "00" as the year 1900 rather than the year 2000. This could result
in a major system failure or miscalculations. The Company believes that,
by converting to new software, the Year 2000 problem will not pose
significant operational problems for the Company's computer systems as so
converted. If the Company uses any time-sensitive software in material
operations (and management believes it does not), the Year 2000 problem
could have a material adverse impact on the operations of the Company."

These poor babies need help! Call Tavaman!
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