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To: Clayleas who wrote (5782)11/11/1997 8:58:00 AM
From: Norman Stone  Read Replies (2) | Respond to of 31646
 
>> I don't see how admitting that you have a y2k problem and are
doing everything you can to fix it
would increase your legal liability.
<<

I think the problem is they are not ready to "go forward" on the problem -- they are still "assessing" it (which in many cases means running around in a vacuum of ignorance.) Remember, most decision makers are cyber-ignoramuses, while at the same time being held accountable for not only coming up with a solution, but finding the least costly one. Will it cost $1M or $10M? If it ends up costing them twice as much as it could have, they will be the donkey, no matter what.

This is their fear, though the cognoscenti (e.g. the TPRO thread) know that costs are only rising with every passing day. Hey, we may be wrong, and the silver bullet may be just over the horizon!

In any case, from a legal standpoint, they are better off if they wait to admit their awareness until they begin the all-out push to fix the problem. The "burden of proof" that they have not been negligent will be on their shoulders -- real damage and suffering is going to happen -- and when the suits are flying in 2002, it will be easier to prove negligence if time-lags can be found between substantive statements of awareness, and action. Those who keep their heads down will be covered by the current atmosphere of tentativeness and poor information.