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.
Technology Stocks : Forecross Corporation : Y/2000
FRXX 0.000400+100.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rick Voteau who wrote (1488)11/7/1998 3:58:00 PM
From: Ruyi  Read Replies (1) of 1654
 
This appears to be a typical theme of most companies. They have spent only 12% approx. to date. Chevron Estimates Year 2000 Expense Will Cost Up to $300 Mln

San Francisco, Nov. 6 (Bloomberg) -- Chevron Corp., the fourth-largest U.S. oil company, expects to spend $200 million to $300 million to fix its so-called Year 2000 computer software bug, according to a company regulatory filing.

San Francisco-based Chevron said it has spent so far $40 million making sure its computers will recognize the year 2000. The company also said work won't be finished when the clock turns to Jan. 1, 2000.

''It is impractical to seek to eliminate all potential Year 2000 problems before they arise,'' according to the 10-Q filed with the U.S. Securities and Exchange Commission earlier today.




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