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Technology Stocks : Discuss Year 2000 Issues

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To: Cheeky Kid who wrote (4290)3/3/1999 6:01:00 PM
From: B.K.Myers  Read Replies (1) of 9818
 
Cheeky,

I don't understand how the author comes to his conclusion based on the information that is given in the article.

Ron Balls, chairman of the International Telecommunications Union's (ITU) Y2K task force, said most telecommunications companies have made preparations for the Year 2000 computer bug.

But he admitted that in a survey conducted by the ITU, a nonexecutive association of telecom firms in 180 countries, only 36 percent of 402 polled firms have indicated completion of millennium-ready systems.

"I certainly do not envisage that you would get a cut-off by midnight of January 31, 1999. Most people have done all the work, and if they haven't, the impact would be a gradual degradation, not a cut-off,'' Balls told reporters at the sidelines of the second Global Y2K Summit in Manila.

Does this mean that the author considered 36% to be "most"?
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