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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (6146)	6/25/1999 12:32:00 PM
From: flatsville	Read Replies (2) \| Respond to of 9818

The consumer protection trump card just got played... sfgate.com Ken, is this the first time the Dems (or anyone) has tried this? Remember my questions about consumer protection via pm from several weeks ago?...I thought this might happen.

To: John Hunt who wrote (6146)	6/25/1999 1:21:00 PM
From: C.K. Houston	Read Replies (3) \| Respond to of 9818

<A ''significant number'' of developing countries face severe trade disruption and a collapse of customs operations at year-end because they are not ready to cope with the year 2000 Y2K problem ... trade could be interrupted for these countries for weeks or ''maybe months.''> This brought to mind a FEDEX post I made a few months back. I got the following from most recent April filing: The Company [FEDEX] is making concerted efforts to understand the Y2K status of third parties (including, among others, domestic and international government agencies, customs bureaus, U.S. and international airports and air traffic control systems, customers, independent contractors, vendors and suppliers) whose Y2K standing could either have a material adverse effect on the Company's business, financial condition or results of operations or involve a safety risk to employees or customers. The Company is actively encouraging Y2K compliance on the part of third parties and is developing contingency plans in the event of their Y2K non-compliance. In conjunction with the International Air Transport Association (IATA) and the Air Transport Association of America (ATA), the Company is involved in a global and industry-wide effort to understand the Y2K compliance status of airports, air traffic systems, customs clearance and other U.S. and international government agencies, and common vendors and suppliers. The Company has developed contingency plans to minimize the impact of Y2K issues on it air operations. Contingency plans will be implemented, as necessary, to mitigate the impact of Y2K problems that might arise during the transition into 2000 ... REGARDING CONTINGENCY PLANNING: Due to the general uncertainty inherent in the Company's Y2K compliance, mainly resulting from the Company's dependence upon the Y2K compliance of the government agencies and third-party suppliers, vendors and customers with whom the Company deals, the Company believes that there is no single most reasonably likely worst case scenario. However, the Company believes that a most reasonably likely worst case scenario could include, but is not limited to, the following situations: delivery delays and the related re-routing costs due to the lack of readiness of airports and air traffic systems, principally outside the United States; the inability to serve certain customers or geographic areas due to their lack of compliance and business continuance capabilities of suppliers, vendors, customers and independent contractors, including third party pick-up and delivery providers on whom the Company relies in some offshore locations; and service delays or failures due to the global utilities and telecommunications infrastructure ... BTW - Interesting definition of "compliant" ..... For air infrastructure components (such as airports and air traffic systems), the Company defines compliant to mean that these components are being aggressively assessed and that approved processes are in place to monitor their evolving status and develop specific operational contingency plans. For business critical suppliers and affiliates, the Company defines compliant to mean that the suppliers and affiliates have been assessed, and a contingency plan has been developed as necessary ... 209.208.199.147 Type in FDX Very comprehensive and interesting disclosure. Cheryl P.S. Another "short" candidate.