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Technology Stocks : America On-Line (AOL)
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To: HG who wrote (844)1/1/1999 10:05:00 PM
From: LWolf  Read Replies (1) of 41369
 
hp... re: y2k....
I think it's under control... And what unfolds with the Euro in the coming weeks will be an indication of the success we can expect with the y2k problem..

My personal opinion on y2k.. it that it's under control... business is spending a tremendous $$ this past year and into the next with remediation and upgrades. But life (economic and financial) will continue... and it will be better!!!!!

Most business and all financial institutions have been under pressure of liability and legal suit to get the Y2k problem under control this year. That's a heavy handed way to get the attention of most CEO's and CIO's to get this job done right and on time!!

What may be worse... is not the economic and financial world (where all precautions and system changes are being implemented systematically)... but perhaps the changes that aren't made is some distant transformer... on some damn... in upstate Montana.... that will cause a brownout... to everyone on the west coast for 10 days. (This of course is hypothetical... but the point is... that if we have a problem.... it's not going to be anywhere... where anyone would have expected it!!!); but we will recover... and we will survive... the the capitalists economies will probably even profit from it!.

Laura
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