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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Tech Master who wrote (8768)	11/5/1998 8:07:00 AM
From: The Pri	Read Replies (1) of 10786

Aetna Profit Hurt by Costs of Year 2000 Bug N.Y. Times - Page C 8 - 11/5/98 Aetna Inc., the biggest U.S. health insurer, said today that its third quarter operating profit fell 6.1% because of costs to fix its so-called year 2000 computer software bug. Aetna said it would spend more than expected - about $ 195 million over 2 years - to make sure its computers recognize the year 2000. Some analysts said the increase was a sign that Aetna still had not pinned down the scope of the problem, though others said raising its estimates was a smart move.

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