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Technology Stocks : Discuss Year 2000 Issues
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To: flatsville who wrote (5042)3/26/1999 7:45:00 AM
From: Christine Traut  Read Replies (4) of 9818
 
Hi flatsville -

Interesting article on Y2K errors that are caused by the process of fixing Y2K errors.

I just returned from a big deal computer industry conference. Spoke with the head of the most prestigious strategic consulting company in the country. He told me that he did not think that Y2K was going to be a very big deal. He then went on to say that he was on an advisory panel to the Pentagon. They had assumed that for every 1,000 lines of remediated code, there would be 100 new errors. He wiggled his eyebrows and said that for every 1,000 lines of remediated code, they were finding......1,000 new errors.

Next day I talked to the head of a software company who was recently a deputy director of the National Security Agency. He told me that the Pentagon is discovering that some of the many contractors they hired to do Y2K work didn't exactly go through normal security clearances....and didn't exactly qualify for one. This gentleman was not running for the hills, but he expected Y2K to be much more than a bump in the road.

The point is that fixing Y2K is far from easy. And remember, the Pentagon started long before many private companies and is probably doing a better job. And most are remediating only 'critical' systems. What happens if they didn't understand what was really critical?

Oh, the first famous consulting guy who was pretty sanguine about Y2K? I checked with his braintrust partner the next day. This guy thinks that the uncertainty (it's the uncertainty, stupid) was going to cause all sorts of interesting human effects. He agrees that there is no way anyone is going to know what will happen. And braintrust guy knows that all of those little undiscovered Y2K bugs may creep through the world's economy like a virus with a long incubation period. Don't breathe a sigh of relief unless nothing has happened by March or April of 2000.

Christine
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