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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (2472)	9/11/1998 8:43:00 AM
From: Bill Ounce	Read Replies (3) of 9818

Senator warns of year 2000 impact on transportation computerworld.com [...] The survey results, released at a hearing hosted today by the Senate Special Committee on the Year 2000 Problem, prompted Sen. Bob Bennett (R-Utah) to warn of "significant interruptions" in air, train and shipping services due to the millennium bug. While Bennett's voice was even, his anger over the lack of cooperation the Senate is getting from major industries on the year 2000 problem was clear. "I can only conclude that those who didn't respond are either unaware of the severity of the problem or are embarrassed over their lack of progress," Bennett said. [...] None of the companies had completed a contingency plan, and just over half said they were working on one. Half of the companies said they expected to be involved in year 2000-related litigation

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