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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (36309)12/31/1999 12:49:00 AM
From: russet  Read Replies (1) | Respond to of 99985
 
For all those interested. I set my computer clocks to Jan 10, 2000 tonight, and drank 4 beers. I'm happy to say, the beers worked in the new Millennium and I'm drunk (ggggggggggggg). Thank god something will work in 2000,...:-))))))

Am fully invested in the new market, and waiting for a January rally, because everyone expects one, because there is always one,...isn't there?!?!?!



To: Les H who wrote (36309)12/31/1999 7:01:00 AM
From: bearshark  Respond to of 99985
 
Les: I think the article is fairly consistent with my thoughts. An example of undirected e-tailing is VUSA. They are probably ahead of many other e-tailers in the process. On the other hand, the AMZN approach may work. Just try to do everything and do it well. Many e-tailers will find the time between the 1999 holidays and the 2000 holidays as too much to endure.

It is hard to see how many of the e-tailers will ever become true investment material. They have so much stock outstanding that they may never earn more than cents a share. Maybe they will do reverse splits in the next true bear market.

This will be an interesting process to watch as it unfolds.



To: Les H who wrote (36309)12/31/1999 9:26:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Chicago Purchasing Managers Report

ntrs.com



To: Les H who wrote (36309)12/31/1999 9:29:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
B2B exchanges and venture capital

redherring.com



To: Les H who wrote (36309)12/31/1999 9:31:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Late Fix for FAA Y2K Glitch
Reuters
1:45 p.m. 30.Dec.1999 PST

A Year 2000 software glitch that could have caused controllers to briefly see planes in old positions was fixed Thursday as government officials played down union charges that it could have endangered passengers.

"It is a very, very minor issue," Federal
Aviation Administration chief Jane Garvey
told reporters at the White House Y2K
command center.

Read ongoing Y2K coverage

The problem had the potential to cause
computers that help air traffic controllers
manage high-altitude traffic to display
images of where the planes had been up
to 10 seconds earlier.

FAA certified all its equipment as ready at
the end of June but precautionary testing
has continued.

The union representing technicians that
fix the air traffic control system
equipment, which is in contract
negotiations with the FAA, said the
federal agency has scrambled to fix the
system while maintaining a public facade
that everything was under control.

"After bragging about compliance, the
agency has to scramble at the last
minute to meet its responsibilities," said
Professional Airways System Specialists
regional vice president Tom Demske.

FAA spokesman Paul Takemoto said the
problem was a genuine Y2K glitch
involving confusion over the 2000 date
but one that would require an exact
sequence of failures in the "host"
computers. Those computers manage
data at 20 FAA centers that track planes
at cruising altitude.

Takemoto said the "host" computers have
a backup data saving system that is
designed to quickly provide the most
recent information on aircraft positions in
the event of a host computer failure.

For the fault to occur, one part of the
data saving system would have to fail
just before the year change and carry the
1999 date over to 2000.

FAA computer specialists on Tuesday
discovered that if the host system
crashed and had to reboot just after the
rollover to Jan. 1, then it would choose
the 1999 backup data rather than that
labeled 2000 because "99" was a bigger
number than "00."

The fix implemented in all host computers
earlier Thursday tells the computer during
the reboot to retreive the "00" data.

"We put in a patch to address a one in a
million shot," said Takemoto.

The problem would fix itself in 10 seconds
as the host resumed using new data
instead of stored aircraft positions, he
added. Controllers also would have seen
the plane images jump back and known
the information was incorrect.