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Technology Stocks : Discuss Year 2000 Issues
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To: Josef Svejk who wrote (571)6/21/1998 12:10:00 AM
From: sibe  Read Replies (1) of 9818
 
Gingrich Wants $4B for 2000 Bug

MARIETTA, Ga. (AP) - House Speaker Newt Gingrich said Saturday that Republicans will seek at least $4 billion in emergency spending to solve the millennium computer problem. ''We believe that the Year 2000 computer problem is a lot bigger problem than the president and the administration has admitted,'' Gingrich said. Many computers that recognize only the last two digits of a year are expected to fail or malfunction Jan. 1, 2000, because they will read the date as 1900. Date-sensitive software throughout the world could be affected.
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