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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?

To: Craig Rogers who wrote (1620)	11/12/1997 10:04:00 AM
From: Craig Rogers	Read Replies (1) \| Respond to of 3162

Tharr she blows Craig

To: Craig Rogers who wrote (1620)	11/12/1997 10:06:00 AM
From: Risky Business	Read Replies (1) \| Respond to of 3162

What we need is a few more articles like this one, did someone say something about fear and panic? Year 2000 Glitch May Ground KLM Flights (11/11/97; 6:00 p.m. EST) By Andy Patrizio, TechWeb KLM Royal Dutch Airlines became the first airline to state officially that it may ground some of its aircraft because of the year 2000 software glitch. The year 2000 problem stems from the common use of two digits to represent the year in software date fields. If not corrected, many computers will not know what to make of "00" when the world moves from Dec. 31, 1999, to Jan. 1, 2000. Tests have already found that many computers will shut down, while others will spew garbage. KLM said it would consider halting some flights on Jan. 1, 2000 because of potential system failures caused by the century changeover, Reuters reported. KLM's main concern is for its systems both inside and outside the airport -- not the aircrafts themselves, according to Odette Sodor, manager of corporate communications for KLM North America, based in Elmsford, N.Y. It is highly unlikely that the whole fleet would be grounded, Sodor said, because the company is making progress on its systems conversion efforts. KLM began working on its systems last year and expects to be fully year 2000-compliant ahead of the millennium, she said. This is the first time a company dealing with public safety has made a public statement on year 2000 concerns, according to Matt Hodel, a research director with the Gartner Group, based in Stamford, Conn. KLM is, at the very least, being responsible by having a contingency plan, Hodel said. "They're putting on the best possible public face to make sure they are not unduly raising fear," Hodel said. "We do a disservice to the world by scaring the daylights out of folks." Other airlines Hodel has spoken to have similar plans to tackle the year 2000 problem. In conjunction with making the fix, however, many airlines are starting to put secondary plans in place, he said. Airlines need to make sure they're going about this with well executed contingency plans should their year 2000 fixes fail, Hodel said. The company said it plans to host a conference in the second half of 1998 to share year 2000 information with competitors and to inform the public. No date has been set for the conference

To: Craig Rogers who wrote (1620)	11/12/1997 10:10:00 AM
From: paul e thomas	Read Replies (3) \| Respond to of 3162

TODAYS PRICE ACTION I followed every trade up until 9:55. It appears that about 2/3 of the volume is at the ask. In studying my trading books to better understand trading patterns before and after a selling climax I believe we should expect a weak volume day. The key according to Candle Stick chart patterns will lie in how far back within yesterdays trading range we climb.We shouldn't expect too rapid a rebound as buyers will be watching IMRS reacts to resistance levels.Despite facing a 25,000$ margin call this morning I am surprisingly sanguine.