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

To: John Hunt who wrote (7293)	7/27/1999 8:33:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 9818

Y2K glitch is driving trucking biz << Survivalists aren't the only ones stockpiling supplies to prepare for the depredations of the Year 2000 problem on the world's computer systems. There are also increasing signs that manufacturers and retailers are building up stores of raw materials and finished goods from their suppliers in anticipation of supply disruptions that will accompany the turning over of the century's odometer. >> ... more ... amcity.com ***** Manufacturers expect slight Y2K glitches << While U.S. manufacturers say they are not overly worried about Y2K-related supply-chain problems, they expect to see slight disruptions from off-shore vendors, according to an informal survey conducted by the National Association of Manufacturers and Ed Yardeni, Deutsche Morgan Grenfell's chief economist. More than half the 96 global NAM member companies that responded to the poll said they receive materials, parts, goods, and services from 500 or more vendors, and 60% said they expect that all their suppliers will be ready for the Y2K phenomenon on time. About 25% said some of their Asian, Latin American, and European vendors might fail to deliver, but they expect to have other reliable sources. And while nearly five in 10 respondents said they have no plans to build extra inventories of supplies, materials, and product by year-end, nearly four in 10 expect to have as much as four weeks of extra stock in hand. And more than one-third said that their customers are asking them to increase stockpiles. >> techweb.com