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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Haim R. Branisteanu who wrote (3219)	1/3/1999 11:12:00 AM
From: Haim R. Branisteanu	of 99985

Millennium bug strikes Singapore taxi meters Copyright © 1999 Nando Media Copyright © 1999 Associated Press SINGAPORE (January 3, 1999 9:50 a.m. EST nandotimes.com) - Singapore's first reported computer failure caused by the millennium bug struck an unlikely target - taxi meters - a full year before 2000, a newspaper reported. Computerized meters on about 300 taxis went dead at noon on Jan. 1 for about two hours, The Sunday Times said Sunday. The new meters were supposed to be "year 2000 compliant," the report said. The millennium bug is expected to strike computers and software that only recognize the last two digits of a year. Although most of its disruptions are forecast for the first day of 2000, the glitch is also predicted to affect systems during 1999. The supplier of the meters was investigating the incident. Taxi meters in Sweden also acted up on Jan. 1, but passengers there hardly complained. The meters continued to work but gave riders unexpectedly low fares.

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