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

To: Cheeky Kid who wrote (8073)	8/18/1999 8:53:00 PM
From: C.K. Houston	Read Replies (1) \| Respond to of 9818

Gartner releases "Year 2000 World Status Report. Interesting to see how media reports on and interprets this. Here are some headlines .... ============================================================ GARTNER: Y2K VICTORY AT HAND ...Gartner's study concluded that 25% of all Y2K failures will happen this year, with post-testing code defects and an expected fourth-quarter surge in transactions using date-forward calculations being the primary causes. But come New Year's Day, Marcoccio added, few Americans will feel Y2K's effects. "We don't expect any real significant problems to the general public" on Jan. 1, he said. "In fact, it's probably going to go by somewhat unnoticed," except for some small, isolated problems such as not being able to buy a perishable food commodity or waiting a few extra days for a heating oil delivery. [...] computerworld.com Y2K: FAILURES TO CONTINUE THROUGHOUT 2000 (Jo Pettitt, VNU Newswire ) webserv.vnunet.com MOST Y2K FAILURES DUE 4Q OF Y2K - GARTNER (Laura Randall, Yahoo! News/Newsbytes) asia.yahoo.com Y2K PLANS MAY BE SHORT-SIGHTED, REPORT SAYS (Erich Luening, CNET News) news.com YEAR 2000 WIRE/GARTNER GROUP YEAR 2000 WORLD STATUS FACT SHEET (Business Wire) GartnerGroup research is normally available only to GartnerGroup clients, but this fact sheet is provided as a public service. ....... Failures in 1999 will be due to: - Defects in remediated lines of code, even after testing. GartnerGroup estimates that 5 percent to 9 per cent of defective lines of code will remain after remediation and testing have been completed. - A large number of transactions use date-forward calculations (using "00" dates) to the next calendar year in the fourth quarter of any given year (800 percent more than other quarters). - Some enterprises entering fiscal year 2000 process more "00" dates. Failures in 2000 will be due to: - Business transactions running defective code. - Frozen applications running for the first time in 2000. - Noncompliant packaged software released to the market. - Running noncompliant archived data on compliant systems and running code that has been inadequately tested. A complete cycle covering most transactions will take most of one full year to complete, so it will take one full year to uncover most code and data defects." ... cnnfntech.newsreal.com