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

To: NickSE who wrote (6339)	7/6/1999 10:03:00 PM
From: flatsville	Read Replies (1) \| Respond to of 9818

<snip>...Says Data Dimensions chairman Lawrence Martin, "I hate to admit it, but I've bought a generator, because every utility company I've talked with says there will be blackouts and brownouts."...<snip> From Individual Investor, June 1999 (print edition) "Do Not Stop at 2000," by Dave Lindorff, p. 82.

To: NickSE who wrote (6339)	7/7/1999 3:09:00 PM
From: Ken	Respond to of 9818

>>Experts have testified, under oath, before congress and told them that the infrastructure of the federal government will collapse. Every agency of the federal government has testified before congress that they will not solve their Y2K problems until well into the next century. State and local governments are in even worse shape. The World Bank recently completed and published, in February of this year, a report based on months of in depth investigations by its own Y2K experts who had visited virtually every county in the world that use computers in their government/industrial complex. The results were staggering. Of the 138 "developed" (computer using) countries in the world only 15% or 21 countries have taken any action to address the Y2K issue. That leaves 117 countries that have done nothing!! If that doesn't scare the hell out of you, then you are a stronger man than I am. It frightens me to my very core. The implications of this information are almost beyond comprehension. And of the 21 countries that have taken steps to correct the problem, many of them are not doing very well. Germany announced recently that over 60% of the companies in Germany will experience mission critical failures. If the German mark fails the balance of the European economy will be right behind it. >> 38.201.154.108