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Technology Stocks : Discuss Year 2000 Issues

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To: Christine Traut who wrote (5043)3/27/1999 12:01:00 AM
From: Ken Salaets  Read Replies (2) of 9818
 
The Gartner Group is projecting something like 25 percent of the problems to occur during the latter half of this year, 10-15 percent or so in the first two weeks of '00 (ggg), 55 percent during the balance of 2000, and the rest thereafter. 'Spect the chaps on Jenkins Hill will use this info to determine an appropriate sunset date for your favorite legislation, aka the Y2K liability bill. Speaking of which -- or bills, more accurately -- Hatch was able to toss his hat next to McCain's before the break, so it's Commerce 1, Judiciary 1, Special Committee 1 (i.e., Dodd's). The Connecticut Peddler was going to, then wasn't going to, and finally did drop his bill, or so I've heard. The friendly receptionist in his personal office didn't seem to know. ggg.

Other news: the Bemers of NY are projecting a $535M price tag to repair their own systems. Dang! And a Santa Clara (or perhaps San Jose -- it all looks the same from the freeways!) IT firm ran a test on their remediated LAN and it shut down the bulk of their systems in three of the campus buildings. To top it off, all of the doors with electronic key systems locked up tight as well. Guess the employees weren't too pleased about it. Looks like the GIS shop won't be invited to this year's picnic. ggg.

By the way, thanks for the report. Is there more?

Ken
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