SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: Technologyguy who wrote (6800)7/20/1999 11:27:00 AM
From: flatsville  Read Replies (1) | Respond to of 9818
 
You've got the number, but consider the highlighted portion

>>>International trade is a key component of most economies. In the United States, for example, total U.S. exports and imports have grown from less than 10 percent of GDP in 1960 to 24 percent in 1998, and exports accounted for one-third of overall economic growth from 1987 to 1997. More than 20 percent of all goods and 36 percent of durable goods produced in the United States are exported. Exports of goods and services support over 12 million domestic jobs, and jobs supported by goods exports pay wages that are 20 percent higher than the national average. Imports play an important economic role as well, especially as critical inputs into manufacturing processes and as key elements of the economy.<<<

y2k.ita.doc.gov

Australia's import/exports is approaching 25% of total GDP. A study found that "The regression equations tell us that with no change in real per capita GDP we can expect the unemployment rate to increase by 1% to 1.6% per annum (the most recent 20 years indicates 1.6%). And, combining the current and prior year effects, a consistent real per capita growth rate of around 2.1% to 2.3% is required to prevent an increase in unemployment.

cor-ex.com

So you don't think the terrible remediation situation abroad is gonna effect import/exports? Chop a few points off GDP? No effect at all, huh?

You do realize that based on the study cited above import/exports must actually grow for the unemployment rate to remain stable?

(Yeah, right. No effect at all.)

If you have any real data to the contrary I'll be happy to look at it.





To: Technologyguy who wrote (6800)7/20/1999 11:36:00 AM
From: J.L. Turner  Respond to of 9818
 
How many suppliers does your organization have?
How many of your suppliers are compliant?
Have you gone on site to verify compliancy or do you take their word for it?
Has your organization publicly claimed 100% compliant?or 100% ready?
Do you claim there is a difference between compliant and ready and if there is would you explain please?
TIA
J.L.T.



To: Technologyguy who wrote (6800)7/20/1999 11:45:00 AM
From: flatsville  Read Replies (2) | Respond to of 9818
 
Oh, and Techonologyguy, as far as your claim that you are "the Y2K director of a multi-billion dollar organization," well that maybe true, but we'll never really know now will we?

For someone charged with such an awesome responsibility, you sure aren't paying attention to the anything resembling data, now are you?. Relying on the "feelings" and "beliefs=data" of such "widely read" writers such as Mitch Ratcliffe, who ignores such important news as a 50% "lie" rate among vendors, could get you into trouble.

Got a program for independent verification?

(P.S.--It's a secret, but I'm the CIO of Galactic Business Machines.)