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Technology Stocks : Discuss Year 2000 Issues

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To: Bill Ounce who wrote (2972)1/5/1999 9:44:00 AM
From: Bill Ounce  Read Replies (2) of 9818
 
ComputerWorld: Private sector to tackle IRS mess.

This is an example of why I have little confidence that large government agencies will make their Y2K deadline on time.

computerworld.com

[...]

The IRS has spent about $4 billion during the past 12 years to modernize its
information systems. But the effort has drawn stinging criticism from Congress and
the U.S. General Accounting Office (GAO) for a host of costly mistakes and
administrative problems, such as abandoning its $1.4 billion Document Processing
System after spending $300 million and misplacing 6,400 magnetic tapes that may
have contained taxpayer information.

[...]
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