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Technology Stocks : SEEC, Inc. (SEEC)

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To: P. Ramamoorthy who wrote (512)6/20/1998 9:38:00 PM
From: RBB  Read Replies (1) of 1031
 
Russian Surprise?
By Rory J. Thompson

The Pentagon is raising a Y2K red flag. In recent testimony before the Senate Armed Services Committee, Deputy Defense Secretary John Hamre said the United States may need to calm Russian forces if year 2000 problems cause their missile-control computers to crash as New Year's Day begins. Hamre said jittery Russians rely on nuclear weapons "as a safeguard for their national security," and having their computers suddenly go black won't help things.

By mid-1999, the Pentagon will have spent $2.9 billion on Y2K problems, but Hamre said it still foresees some "nasty surprises."

Let's hope one of them doesn't arrive by missile.

Copyright r 1998 CMP Media Inc.

-Rambabu
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