Discuss Year 2000 Issues Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Discuss Year 2000 Issues

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Ounce who wrote (2633)	9/30/1998 10:23:00 AM
From: Ken Salaets	Read Replies (1) of 9818

Washington Update -- S. 2392 passed the Senate near the end of Monday's session. It almost seemed as if the bill was sneaked through, as I was just off the Senate floor and wasn't even aware it was moving. So much for vigilance. gggg. A few minor -- but key -- changes were made before the Senate passed the bill, which improved its overall value to those "good Samaritan" companies in the IT community. Still not what we wanted (and deserved, mind you -- no bias here! ggg), but better than it was. Best case scenario -- the House Rules Committee approves a closed rule and the bill is brought to the floor this Friday. However, Rep. Cox (R-CA) raised concerns in the Republican Conference the other day as to whether the bill goes far enough. This has added a wrinkle to the process, but I anticipate that it will move before next Wednesday at the latest. Clinton will sign the bill. Thereafter, the business community spends a week or so patting itself on the back, and then begins discussions on Phase 2 -- broader liability protections. If the Republicans increase their majorities in both houses of Congress, our chances improve. Let the games begin! Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next