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


To: flatsville who wrote (8610)9/10/1999 12:43:00 PM
From: flatsville  Read Replies (2) | Respond to of 9818
 
Here's another we may never know about--

Chinese Officials Deny Computer Stopped by `9999' Software Bug

Fair Use/etc...

Beijing, Sept. 10 (Bloomberg) -- Chinese officials brushed aside worries the country is not prepared to cope with potential computer glitches at the end of the year even though a system failure yesterday forced the closure of an automated exchange.

The Central Treasury Bond Registration and Settlement Co., said in the China Securities newspaper it is closing the exchange indefinitely so it can repair the faulty computer. The company operates an automated system for shares that can be traded only by government organizations and state-owned enterprises.

``Our machinery is having a problem because it's old,' said Lu Yan, an engineer with the company, whose main computer, an IBM AS400, dates back to 1993.