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

To: Cheeky Kid who wrote (6634)	7/16/1999 6:37:00 PM
From: Ken	Respond to of 9818

What kind of news you want-bad,good or pathetic? here's something for everyone!Good for doomers,Bad for denialist do-nothingers, and Pathetic for Pollys! <<MatriDigm provides Independent Verification and Validation services. It's a third party verifier. The good news is this: among financial companies in the United States that have reached compliance and have submitted code to MatriDigm, only 8% still have code with errors in it. The bad news is this: among governments that have done the same, almost 20% of the code has high error rates. The pathetic news is this: organizations outside of the financial sector don't use IV & V services. * * * * * * * * * * * * . . . MatriDigm's Independent Verification and Validation (IV&V) analysis is based on over 60 million lines of previously remediated code (MLOC) from clients in various market sectors worldwide. Collectively, for all sectors, 9% of programs analyzed still contained Y2K related errors and on the average 185 errors per MLOC were discovered. The financial sector averaged 141 errors per MLOC with 8% of programs containing errors. Code from the government and other industries is not as robust in quality and therefore contains more problems. . . . Looking ahead, MatriDigm believes that error rates in the financial sector will hold steady. Efforts in this industry will become more focused on re-verification of code and managing of ongoing compliance. However, according to MatriDigm, error rates in the government and other sectors are still a concern. By and large, organizations within these industries continue to exhibit an inconsistency in accepting IV&V as a critical step in the management of their Y2K project. "The fact that errors are still being uncovered in remediated code today supports the ongoing pursuit of Y2K risk management strategies by industry leaders." Ormond added, "Only the verification of software code provides quantifiable evidence that business operations will continue uninterrupted in the Year 2000." To view MatriDigm's new Year 2000 Index Report, please click here: matridigmusa.com. . . . Link: matridigmusa.com