SI
SI
discoversearch

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.
Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JOHN IACOVACCI who wrote (8938)9/30/1998 12:51:00 PM
From: Neil  Read Replies (1) of 10903
 
If I'm reading this correctly, the bill would limit liability that may arise from disclosure on readiness for the Y2K problem (or lack there of) but would not limit liability for business failure due to the Y2K problem.

Would this really change anything for companies who have not prepared for this problem. Even though they are protected when they disclose that they are not ready; they are also opening themselves to lawsuits in the future if they don't get the problem fixed. It seems to me that the disclosure that you are not ready now would add merit to a future lawsuit in way of "they knew they weren't ready and did nothing"

I'm not confident this bill will change much with companies that are already reluctant to disclose where they stand in reference to Y2K

NN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News