UNITED AIRLINES SETS Y2K COST AT $90 MILLION
WASHINGTON, March 17 (Reuters) - The world's largest airline, United Air Lines Inc., estimated it will cost about $90 million to eradicate the millennium bug from its computer systems, a regulatory document showed Wednesday. Of that total, $28 million has already been spent, while the remaining $62 million is expected to be spent in 1999 ... At this point, United said it does not have specific contingency plans in place.
biz.yahoo.com
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DELPHI EXPECTS TO SPEND $106 MILLION ON Y2K
DETROIT, March 17 (Reuters) ... Delphi spent $7 million in 1997, $40 million in 1998 and sees peak Y2K spending in late 1998 and early 1999, the company said in its annual 10(K) filing with the U.S. Securities and Exchange Commission. Troy, Mich.-based Delphi, the world's largest automotive supplier, is about 80-percent owned by General Motors Corp. (NYSE:GM - news).
biz.yahoo.com
Has anyone noticed that of the news services, AP and UPI doesn't have much new or challenging to say about Y2K. Most of the thought-provoking and in-depth reporting (with substantiation), comes from Reuters.
Cheryl
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