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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud

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To: Cheeky Kid who wrote (1231)3/12/1999 12:51:00 PM
From: Cheeky Kid  Read Replies (2) of 1361
 
Awareness Is Helping Cool the Y2K Fever

Friday, March 12, 1999
latimes.com

snip:
>>>>>Alistair Stewart, a senior advisor for Giga on embedded systems, said that only about 3% of chips have been found to have minor problems, typically requiring resetting the date or restarting a device.

The percentage of chips that experience outright failures is "so small as to be statistically insignificant," he said.
<<<<


Petroleum Industry: Y2K Bug Won't Bite Into Fuel Flow

February 19, 1999
ens.lycos.com

snip:
>>>>One discovery that emerged from the survey is that embedded chips do not pose a significant problem for the oil and gas industries, said Ron Quiggins, director, Year 2000 Program, Shell Services Corporation and chairman of the American Petroleum Institute Year 2000 Task Force. "We're not finding the embedded chip failures that we thought we had," he said.<<<<

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Maybe they should talk to CK Houston and be filled in how serious the embedded chip problem really is. I don't believe she would believe these numbers...


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QUOTES AND POSTS FROM C.K. HOUSTON:

This is what will bring us to out knees - Embedded Systems

25 billion of them out there. Electrical engineers need to fix - NOT
programmers.

Not enough electrical engineers. Not enough time

5% embedded systems will fail - which 5%? ... No one knows.

The Y2K Embedded System problem has the potential to be a far greater risk to our Infrastructure than IS issues.

Embedded systems is the code built into special-purpose microchips that inhabit just about every modern electronic device. They're found in power plants, manufacturing facilities, water and sewage systems, medical devices and military equipment. It also includes planes, trains, automobiles, elevators, phones, microwaves, ships, alarm systems and >> generally anything that goes buzz or beep. <<

WORSE ... Electrical engineers & experienced, trained plant personnel are required for this fix (NOT programmers). We do NOT have enough skilled people here or abroad.

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