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

To: O. H. Rundell who wrote (209)	8/14/1999 2:51:00 PM
From: JBTFD	Read Replies (3) \| Respond to of 662

It seems to me he is giving the administration's justification for not lengthening recommended preparation times. ie "if we say be prepared for 30 days, everyone will go out and buy 30 days worth of supplies at once and that will cause shortages, etc and panic." In my opinion, the more prepared the populace is, the less chance of a panic, and the more time will be there after the problems hit to rectify the problems before the public becomes unruly. If everyone were prepared for 30 days, then the government or authorities would have 30 days to try to find workarounds or fixes before the public paniced. This 30 days would be after the actual problems had happened. I think he is taking a big gamble with this approach, hoping for the best....

To: O. H. Rundell who wrote (209)	8/14/1999 4:03:00 PM
From: C.K. Houston	Respond to of 662

<Guess I just can't help myself. The more you read of Koskinen, the stranger it gets> I know what you mean. Here's another classic excerpt from that Koskinen interview: Koskinen: "But in telecommunications, we know that 1500 small telephone companies - we increasingly have evidence that their problem will be, not that you won't be able to get dial tone, but that they won't be able to bill you if they haven't done [the remediation] right. And at some point that may put them out of business, but it won't affect you." The implication here is that large telecoms are AOK. Problems are primarily with small telephone companies. And, even with them ... it's a "billing" problem. LOL - Tell that to MCI's business network customers who's systems have been disrupted for 8 days! techstocks.com I'm not implying that the MCI/Lucent failure is Y2K related. I don't know what caused this, and neither does MCI or Lucent. Or, at least they haven't made it public. But there certainly are more problems and vulnerabilities with system upgrades and/or remediation ... than only billing. Cheryl

To: O. H. Rundell who wrote (209)	8/16/1999 1:10:00 PM
From: C.K. Houston	Respond to of 662

<Guess I just can't help myself. The more you read of Koskinen, the stranger it gets:> Here's more. <ggg> John Koskinen [Y2K Czar] Interview ... Y2ktoday editor, Scott Johnson sat down with John Koskinen last week for an interview, in which the nation's Y2K czar painted a moderately optimistic picture of domestic and global Y2K readiness. Koskinen said that most industrialized [developed] nations should escape major disruptions, but the problem is worse in developing nations. That judgement seems to conflict with a report by the State Departments inspector general, who told congress that, "*because industrialized [developed] nations are highly dependent on computer technology in every sector, the potential impact of Y2K-related problems is much higher* than in the developing world.*" y2ktoday.com From the interview ...* Y2KTODAY: Jacquelyn Williams-Bridgers, the State Department's inspector general, testified before Congress that "Our assessments suggest that the global community is likely to experience varying degrees of Y2K-related failures in every sector, in every region and at every economic level." [...] KOSKINEN: "Well, I think what people have read that statement to mean is that the entire world is going to be affected totally. Developed countries are not. I think what her evidence shows, which is the State Department's evidence, is what we've been saying. If you want to ask me where there are risks, there are risks in developing countries." [...] Is anyone confused here? Seems that these are conflicting statements. Who's right? Koskinen or State Department? We'll find out soon enough, won't we? Cheryl 138 Days until 2000