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


To: flatsville who wrote (9032)10/29/1999 4:21:00 PM
From: Jeff Mizer  Read Replies (1) | Respond to of 9818
 
drudgereport.com
excerpt-
"The quality of the IRS's inventory currently poses a high risk to the Y2K effort," IRS commissioner Charles Rossotti declared in a letter to House Ways and Means Committee chairman
Bill Archer.The letter was obtained by INVESTOR'S BUSINESS DAILY.
IBD's John Berlau reports in an exclusive set for Friday editions that the agency has not conducted a complete Y2K inventory in many of its centers and offices.
And there are growing concerns over possible mistakes made at the IRS during its initial Y2K check.



To: flatsville who wrote (9032)10/30/1999 1:09:00 AM
From: Runner  Read Replies (2) | Respond to of 9818
 
So Hershey Foods spends 112 million dollars to fix their Y-2K problem, and since July their salesman can't even tell if stores are getting candy, much less how much.

So Hershey loses a large percentage of the Halloween Season. And maybe Christmas, and Easter.

There will be a lot of laid off employees because of this.

Hey Cheeky,

This is a cute story. Unless you work for Hershey of course.

How cute will it be if the company is your electric, gas, or investing company?

112 million spent, already millions lost, and still counting.

Runner