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Technology Stocks : Discuss Year 2000 Issues
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To: Stewart V. Nelson who wrote (2820)11/20/1998 9:31:00 AM
From: Stewart V. Nelson  Read Replies (1) of 9818
 
Looks like problems in the supply chain to me? I could make a case that over 15% of American businesses should be put into the "At Risk" category.

Regards
Stewart V. Nelson

From BankAmerica 10Q dated 11/16

<<<<<. As of September 30, 1998, the Corporation has placed approximately 17% of its Vendors, and approximately 8% of its mission critical Vendors, in an "at risk" category. In accordance with its contingency plans, the Corporation will be focusing on these "at risk" mission critical Vendors during the fourth quarter of 1998 in order to mitigate any potential risk.>>>>>

From Dupont 10Q 11/13

<<<A survey was provided to key suppliers, and of the 30 percent which responded, the company assessed approximately 40 percent as having a high risk of not becoming Year 2000-capable on a timely basis. In addition, the company is conducting an assessment of its key customers, focusing on their Year 2000 capability as it affects customer ordering procedures, and delivery of and payment for company products.>>>>>

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