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Technology Stocks : Discuss Year 2000 Issues

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To: B.K.Myers who wrote (5547)4/16/1999 6:12:00 PM
From: B.K.Myers  Read Replies (2) of 9818
 
I just received a company wide e-mail from my client's IT VP. One sentence in the e-mail caught my eye:

In addition, the current Wang-based MDS billing system must also be replaced, as it is not (and cannot be easily made) Y2K compliant.

This billing system was inherited from a business that we recently purchased. I am beginning to believe that the former owner made a very wise decision to sell the business.

Actually, we were made aware of this situation about 2 weeks ago. We have been scrambling to come up the needed resources in order to make this conversion. We will need new hardware and software, and we will have to interface this new system with our current system.

We don't have the details (system/application specifications) for the system that we are replacing. We have decided to purchase and install a generic billing system that is widely used in our industry. In order to convert the old files to the new system, we have to learn both the old system and the new system.

Then we have to build interfaces so the new generic system can "talk" to our main system. To make matters worse, we have to have all of this done by mid-September, when support from the former owner will be terminated. Looks like the next few months are going to be rough for us.

I have seen many people speculate that the recent increase in acquisition and mergers was somehow Y2K related. I wonder how many other companies that have merged or been acquired in the past few years are going to be unpleasantly surprised when they "lift the hood" on the systems that they have purchased.

Getting a late start...

B.K.
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