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Technology Stocks : 2000: Y2K Civilized Discussion -- Ignore unavailable to you. Want to Upgrade?

To: flatsville who wrote (53)	8/9/1999 12:17:00 PM
From: flatsville	Read Replies (2) \| Respond to of 662

On Howard Belasco (and the bump in the road mind set): You really have to read this first: uniontrib.com Then: x25.deja.com[ST_rn=md]/threadmsg_md.xp?thitnum=4&mhitnum=1&CONTEXT=934210703.312606830 and: x34.deja.com[ST_rn=md]/threadmsg_md.xp?thitnum=1&AN=510581376.1&mhitnum=2&CONTEXT=934213260.1317666934 to even venture a guess as to why the message in Belasco's latest article is so schizo (more so than usual.) They are clueless, they don't know it and they want to cover their @ss anyway? They are clueless, they just realized it and are starting to backpedal? Either way the real concern is as follows: >>>...While it's fun to pick on Howie, the problem isn't in his world. Sure, there will be problems there and Howie will very likely clean up, do the HVAC repairman in a heatwave thing. ...Here's my guess. For every "We spent tens or hundreds of millions of dollars and we're done." company, there's at least one, perhaps ten or a hundred companies that didn't do a thing. These companies will have to expend the same tens or hundreds of millions of dollars of effort but they'll do it in crisis mode, not with ample time and resources as a few did in 1995, 1996, 1997, 1998, and in 1999. Behind every press release, hopeful, cheerful webpage "We're done and we'll be there for you.", there might be a lady or a tiger. There's no dispute that organizations have falsified compliance reports. If Joel Willemssen and the other pit-bulls at the GAO have done anything it's to prove that this is true. [And let's not forget those "chumps" in the private sector at Bell South who discovered 50% of their vendors/suppliers were lying about their compliance status.] Unfortunately we need 50,000 or so Joel Willemssens to investigate each of the 50,000 mainframes and another million or so to snoop around the 400,000 AS/400s, the millions of VAXen, PDPs, DGs, Apollo's, Eten-K's, S/3x, etc. We need a few thousand Larry Gershwin's to investigate the foreign situation, how much will Y2K affect trade? What strategic materials and goods are at risk? How long before a communications outage affects commerce? Do international suppliers have good contingency plans. Which countries will "Yugoslavia" themselves?...<<< Yes, we can all be warm in our beds with plenty of hot water for our morning shower 01/01/00 and this could still turn out to be a disaster.