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

To: Hawkmoon who wrote (8482)	8/30/1999 10:22:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 9818

nimo.com SEC filing for Niagra Mohawk 13 August, 1999: Costs Niagara Mohawk had previously estimated that total program costs would approximate $33.3 million. Niagara Mohawk is currently reevaluating this estimate and anticipates that it will be lower, since Niagara Mohawk has not found as many non-compliant components as had originally been anticipated. This finding is consistent with what other companies have experienced in the electric and gas utility industry. Total program costs incurred through June 30, 1999 are $18.8 million of which $13.2 million was expensed and $5.6 million was capitalized. Niagara Mohawk expects to fund the total program costs through operating cash flows. For a discussion of the costs of large computer projects that Niagara Mohawk recently implemented and were year 2000 compliant, see Niagara Mohawk's Form 10-K for the fiscal year ended December 31, 1998, Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - "Year 2000 Readiness Disclosure."

To: Hawkmoon who wrote (8482)	9/2/1999 9:35:00 PM
From: C.K. Houston	Read Replies (4) \| Respond to of 9818

TOKYO, Sept 2 (Reuters) - The Japanese unit of U.S.-based commodities giant Cargill Inc is studying potential problems related to the millennium computer bug, a company spokesman in Tokyo said on Thursday. The Financial Times reported on Thursday that Cargill's South African subsidiary would halt entering into or executing trades in maize, oilseeds, wheat or any other commodities from DECEMBER 15 to JANUARY 15 because of worries over the country's preparations for the millenium bug. ``We don't have such a plan at the moment,' the spokesman in Japan said. He added the company was consulting with Japanese customers how to cope with possible external problems such as an electric power shutdown. U.S. consultancy Gartner Group (NYSE:IT - news) put South Africa in a high risk category for possible interruption. ____________________________________________________________ From Testimony of Cargill, Incorporated before the United States Senate Special Committee on the Year 2000 Technology Problem: Cargill is an international marketer, processor and distributor of agricultural and food products. Our headquarters are in Minneapolis, Minnesota, but we employ about 80,000 people in plants and facilities in 65 countries and have business activities in 130 more countries. Cargill processes more than 200 food products and food ingredients such as salt, cocoa, vegetable oils, flour, malt, juices, corn-based sweeteners, starches and citric acid. We are also a leading processor of beef, pork and poultry ... News reports suggest that many countries have only recently started their Y2K efforts. While we can not predict exactly how other nations' Y2K planning will impact Cargill's food businesses, we expect imports and exports may be affected in some way [...] cargill.com Cheryl 120 Days until 2000