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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (31594)	7/23/1999 11:24:00 PM
From: Tony Viola	Respond to of 70976

Ian, the Y2K article, boy, the author sure blamed the wrong people for "starting" the Y2K nuclear winter type freeze scare on Y2K spending. Gartner Group Inc., which spawned the fear of a "nuclear winter" in tech spending, has since moderated its views. I watched one of Gartner's top people on New Years Day on CNBC on a special about Y2K. He was the sane, rational one with lots of data on who, what, when where and why we need to be concerned, but no panic. The other guy on the special was a disciple of Ed Yardeni, who's cleaning up on the Y2K fear with books, public appearances, etc. You know, cabin in the mountains, dried food and guns to protect all your assets which are buried under the cabin. He was bordering frantic on the possibilities for Y2K disaster. Just as an FYI, the only hardware and software I see impacted, if at all, is the big iron stuff. Still, even Sun, who has some nice big iron of its own nowadays, said yesterday they saw no big deal. Maybe just IBM mainframes, which machines a few generations back, were the first to get the 2 character only field for year designation in software, are the only ones Fortune 100-1000 companies aren't screwing with. Microsoft did also "warn" about Y2K slowing them down, but they're always crying wolf. Tony