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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud -- Ignore unavailable to you. Want to Upgrade?

To: Daniel who wrote (349)	11/9/1997 5:20:00 PM
From: David Eddy	Respond to of 1361

Daniel - this quote from the North site That Gary North site while containing a lot of good information is driven by Mr North's not-so-hidden religious agenda. He's got all 10 toes in the-apocalypse-is-almost-upon-us camp... seems to suit his psychic needs to peddle pulp novels or something. One of his primary agendas seems to be the need to prove that fractional reserve banking is the work of the devil. So far North is NOT helping the cause, other than to stir folks up & harden many people to discount the potential severity of Y2K. - David

To: Daniel who wrote (349)	11/9/1997 5:27:00 PM
From: David Eddy	Read Replies (1) \| Respond to of 1361

Daniel/Dan Allen - My recommendation: trust no one who offers no evidence. This is a tough one, since I'm not sure of the context... a very real problem with explaining Y2K issues is that there is astonishingly little substantive evidence. This is because most companies really don't have a much of a handle on what they're doing with their information systems. There are attempts underway to remedy this (SEI CMM - Software Engineering Institute, Capability Maturity Model), but we're in the very early stages. The CMM is largely driven by the DoD. There are five stages of maturity. Stage one (75%+ of enterprises) is essentially random success, where success/failure of software projects is primarily driven by the individual personalities doing the tasks... there is minimal measurement (other than shear consumption of man-hours) and virtually nothing is repeatable from project to project. Bottom line... there is very little solid, scientifically normallized data/evidence that makes sense. We're only 40 years into the software trade & we're very much winging it. That's what makes Y2K scary. - David