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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: James Strauss who wrote (18958)6/23/1998 1:33:00 AM
From: John Mansfield  Read Replies (2) of 31646
 
FORTUNE article mentioned again - now in Computerworld..

'In an interview, economist Edward Yardeni at Deutsche Bank Securities in New York said he was "amazed" GM would make such statements, given that GM Chief Information Officer Ralph Szygenda was quoted in a Fortune article in April saying there are "catastrophic problems" related to year 2000 in every GM plant.

Ahearne, who attended the Fortune interview, said the CIO's comment was taken out of context. When he first visited plants in June 1996 after signing on as CIO, Szygenda said, "This stuff has to be fixed, or it could be catastrophic," Ahearne recalled. Szygenda wasn't available to comment last week, and all questions were referred to Ahearne.

...

One area of uncertainty about year 2000 readiness is addressed in GM's annual report regarding how GM communicates with its 100,000 parts suppliers. GM is checking and testing electronic data interchange interfaces with suppliers at 40,000 critical supply sites, Ahearne said.

computerworld.com
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