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


To: STLMD who wrote (414)11/12/1997 7:54:00 AM
From: Steve Rubakh  Respond to of 9818
 
Railroads are in trouble

Bug to send trains off the rails
By Giles Turnbull, New Media Correspondent, PA News
The millennium bug threatening computers in all aspects of
industry could hit train services 18 months early - in May 1998
- unless swift action is taken, rail industry bosses have warned.
Railtrack is unable to say whether a full train service will be
operating in January 2000, because there are so many
unknown variables.
At a conference hosted by Railtrack, industry executives were
given stark warnings that they needed to begin urgently
allocating funds and resources to tackling the problem.
Practically every computer system owned by Railtrack and the
various other companies involved in providing train services will
be affected in some way by the millennium bug - a glitch in
computer systems that means many computers will not
recognise 2000 as a valid date.
Company executives predict the cost of upgrading all the
computers will be "tens of millions of pounds" - but that is a
conservative figure. The longer the delay before action is taken,
the higher the bill.
Railtrack has begun by setting up a small team to analyse the
extent of the problem. Its main aim is to encourage the sharing
of information among rail companies to ensure that all the
different systems are compatible after 1999.
Campbell Morrison, Year 2000 programme manager for
Railtrack, admitted that there were no guarantees as yet about
the provision of services in January 2000.
"Having said that, no-one can predict much about it - if the
power stations break down we'll have trouble running trains
even if we are millennium compliant," he said.
Another problem facing the rail industry is that the Train
Service Database, which controls and compiles nationwide
timetables, works 18 months in advance, meaning that it had to
be millennium compliant by summer 1998.
Mr Morrison said he was confident that the database, and
other key computer systems, would be ready in time.
Some were more important than others, and a priority list was
being made to ensure that the most vital systems were checked
first, he said.
That did not necessarily mean that all the rail industry's systems
would be checked by the onset of the next century, he added.
:: Travel to the continent may be even more difficult because of
the millennium bug, according to a computer expert attending
the conference.
Gary Easterbrook, of Millennium UK, a consulting company
working with Railtrack on the Year 2000 problem, told a press
conference after the meeting that he was concerned about the
lack of action on the problem in Europe.
"It's quite alarming in Europe," he said. "I think the
Scandanavians are doing quite well, but awareness of the
problem in Europe as a whole is lower than it is in the UK,
particularly in France.
"Generally Europe is about nine months behind the UK."
ÿ
c Copyright 1997 Press Association Ltd. All rights reserved.



To: STLMD who wrote (414)11/16/1997 3:01:00 AM
From: C.K. Houston  Read Replies (1) | Respond to of 9818
 
YARDENI: 11/4 SUBCOMMITTEE ON FINANCIAL SERVICES & TECHNOLOGY
senate.gov

You GOTTA print this out. It's absolutely frightening. He talks about a LOT more than finances. Too much to scan on moniter. You'll need this for your January meeting.

Had dinner with some friends tonight that saw him on CSPAN and got scared to death. I wanted to get away from Y2K, for at least an evening ...... to no avail.

Cheryl