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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote (2363)	8/4/1998 6:28:00 PM
From: John Mansfield	Read Replies (3) of 9818

"Many small businesses are unaware of the Y2K issue," says Senate Small Business Committee Chairman Christopher "Kit" Bond (R-Mo.). "Consequently, most have not begun compliance work or are just beginning to upgrade their computers and systems." At a recent Senate hearing, witnesses estimated that 330,000 small businesses might be forced to shut their doors because of computer snafus, while an even larger number could be "severely crippled." "Time is running out," Bond believes. "We need to begin a series of programs to help small business very soon if we intend to avoid a calamity in the year 2000." ... businessweek.com

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