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Technology Stocks : Discuss Year 2000 Issues

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To: John Mansfield who wrote (2939)12/14/1998 9:09:00 AM
From: J.L. Turner  Read Replies (2) of 9818
 
John,
I thought it interesting that Georgia spent 152 million to repair 77%
Now have asked for 220 million for the remaining [23%]1999 budget.In your opinion does this indicate simply increased costs or perhaps they are not really 77% done?I wonder about the per cent completed because the article says the money was appropriated just this last winter,so
in about 3/4 of a year Georgia is indicating they have done 77% of the work for remediation.
"Starting in 1996, Mr. Hale asked 70 state agencies to assess Y2K
compliance of their most critical computers. The fixing of key computer
programs is 77 percent completed, Mr. Hale said.

Last winter, the General Assembly budgeted $152 million to begin fixing
the problem. Mr. Hale said he needs an additional $220 million from them
during the 1999 session to complete the job."
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