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Technology Stocks : Forecross Corporation : Y/2000
FRXX 0.0002000.0%Nov 7 9:30 AM EST

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To: AD who wrote (1253)7/20/1998 10:16:00 AM
From: Crandell Addington   of 1654
 
AD: You might want to read the article on page C-3 of today's New York Times. The percentage of Fortune 500 companies already experiencing Y2K problems is as follows:

Computer processing errors: 72%
Financial miscalculations: 62%
Problems with suppliers or
distribution: 44%
Customer service disruption 38%

Additionally, a survey by Cap Gemini showed that the "number of companies focusing on contingency planning jumped to 72% from 3% in April."

Our patience will finally yield profits.

Best regards,
Crandell
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