COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-23.5%

Nov 7 11:47 AM EST

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To: David Lawrence who wrote (18432)	3/23/1999 10:11:00 AM
From: Moonray	Read Replies (1) of 22053

NJ Seeks To Recover From Y2K Glitch Associated Press - Posted at 2:49 a.m. PST Tuesday, March 23, 1999 TRENTON, N.J. (AP) -- A Y2K computer glitch delivered a windfall to 194,000 New Jersey welfare recipients whose accounts were accidentally credited with millions of dollars in food assistance allotments. A test Sunday to determine whether a state welfare computer was protected from the so-called millennium bug caused the error, said Ed Rogan, a spokesman for the state Department of Human Services. Officials weren't sure how the April 1 benefits were made available. Grocery stores in Newark and elsewhere were crowded with people eager to take advantage of the error involving electronic benefits. All accounts were fixed by Monday afternoon, Rogan said. As much as $58 million may have been involved. The New York Times today reported that the unexpected credits totaled $30 million. Howard Rubin, a Hunter College professor familiar with Y2K problems, called the incident the ''biggest visible occurrence of Y2K impact on the public.'' State officials must next decide whether to penalize welfare recipients who cashed in and used their benefits 1 1/2 weeks early. ''The program is regulated by the federal government, so we can't make any decisions on that unilaterally,'' Rogan said. o~~~ O

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