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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote (2327)	7/31/1998 2:11:00 PM
From: C.K. Houston	Read Replies (2) of 9818

TODAY'S Y2K COMPUTER PROBLEM SUBCOMMITTEE HEARING <The Admin is bringing significant pressure to bear on certain industry sectors, which have embedded systems "challenges." It is getting downright ugly in some of these meetings-cum-confrontations.> KEN SALAETS LOL - "Challenges" was sure used a lot in this AM's hearing. I like what Senator Dodd is doing. Last week when he heard a witness testify that 233 medical device manufacturers have repeatedly not responded to FDA, VA, hospital and clinic requests for info - he asked for list and said if responses weren't forthcoming ... actual names of the companies would be made public by the committee. In one week, list went from 233 down to 99. Of course, specific info wasn't provided ... but at least they did send "We'll get back to you" letters. Today he threatened to do the same with telecoms which have not responded to April request for information. Asked to have the actual list of company names, and threatened to make names public if information is not forthcoming within the next 2 weeks. LOL Of 50+ emergency service telecom carriers ... only 1 responded! Cheryl _____________________________________________________________________ RESPONSE FROM KEN: <I wish I could find it amusing too (no offense), but it is clearly evident that some Members of the House and Senate do not fully appreciate the legal environment within which these companies are trying to work. Industry is fully engaged in an effort to enlighten all who are willing to listen. August will be a rather telling month.> _____________________________________________________________________ No offense taken. I don't think any of this is funny. I think it's a sad state of affairs when it takes the threat of a public "outing" to get these companies to respond. Cheryl

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