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Technology Stocks : Y2k Denial on SI

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To: John Mansfield who wrote (104)8/5/1998 6:59:00 PM
From: John Mansfield  Read Replies (1) of 151
 
'Last person that we heard from was Gary Beach, Publisher of CIO Magazine.
Gary did not paint a "rosy" picture by any means, in fact, it almost
sounded as if he was on the "doomsayer soap box". However, he did bring up
an interesting point: Suppose the telecommunications companies are actually
able to get their entire network Y2K complaint and we were even able to
have international network. The telcom network now presents us with a
paradox - on the one hand, we are relieved to have a sound
telecommunications infrastructure and for the most part our
telecommunications, data transfers, etc. will be "business as usual".
However, on the other hand a totally functioning telecommunications
network, and more importantly, international telecommunications network,
may become the Trojan horse which will deliver non-compliant Y2K issues
into our Y2K compliant environments. Other facts that Gary related: his
magazine did a study which showed that over 50% of the 23 million small
businesses in the US, intend to do absolutely nothing about Y2K. And that
71% of the companies in the world, do not know what Y2K is.
______

From:

Date: Sun, 2 Aug 1998 17:34:53 -0700
To: year2000-discuss@year2000.com
From: Ron Blaise <informed@oknext.com>
Subject: Sighting: Sen. Bennett and Telco Industry Leaders on C-SPAN
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