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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (37193)2/16/1999 9:17:00 PM
From: ForYourEyesOnly  Read Replies (1) of 95453
 
Y2K & Oil

FWIW:

Editor:

As a Cobol programmer fixing code for Y2K compliance for a large oil trading
firm, I must strongly disagree with your conclusions in your recent
editorial on Y2K.

I can assure you that most large companies are way behind schedule,
including my own. Regrettably, these very same companies tell the general
public everything is OK and not to worry when they know they have no chance
of making the deadline.

Even though most large corporations will indeed finish their necessary code
changes, they will not have enough time for testing. Testing is one of the
biggest bugaboos in the whole Y2K fiasco. Also, there is no set protocol for
date formatting using the popular "windowing" repair scheme between
companies code repairs. Testing is at least 50 percent of most Y2K projects.
There is a critical shortage of people qualified to test.

The situation is really quite desperate and most code programmers are indeed
stocking up on food. Most people have no idea how severe and long-lasting
the disruptions will be. Those who do not prepare may possibly die as a
result of Y2K.

Another important area you did not mention was the dismal state of Y2K
compliance of the federal government.

Most other countries are way behind us. We are not an island. Foreign supply
chains will be a big problem.

Michael Taylor,
guava@northcoast.com
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