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To: tech who wrote (1267)11/19/1997 8:15:00 AM
From: tech  Read Replies (1) | Respond to of 3391
 
Major Y2K Problem-Solving Seminar Is Cancelled: 3 Attendees

Link: ieee.org


A New York City seminar on solving the y2k problem was cancelled by the
Institute of Electrical and Electronics Engineers in late October. There was no
interest. The IEEE asks why not.

At this late date, there should be widespread awareness of the problem.
Apparently, there isn't. Yet awareness is phase one: 1% of the overall y2k
repair project, says the California White Paper.

Draw your own conclusions.

* * * * * * *

The New York Section of IEEE scheduled a seminar with the title "Are You
Ready for the Year 2000?" to be held on Wednesday, October 29. As of the
evening of Thursday, October 23, we had three (3) people signed up. What
went wrong?

The subject is discussed all over the world, on TV, radio, in newspapers,
magazines, etc. Promotion of the seminar was published in IEEE magazines
with worldwide distribution, in the IEEE Monitor, the sections newsletter, etc.
Direct mailing, as well as e-mail and fax was used. Still just a few people
showed interest.

A minority thinks that the year 2000 computer dating (!) is a problem, while the
majority thinks that it can be fixed before the end of the year 1999. This means
that these persons are ignorant of the problem with having "99" assigned to
mean "not known," or something like that, and not specifically date related.
Thus, in those cases, the problem occurs at the end of 1998--14 months from
now.

Surveys reveal that over half of the community is not working on fixing the
year 2000 problem. The response to our seminar invitation indicates that it is
more than that. The entities that have not yet started working on fixing the
year 2000 problem will not be able to fix it in 14, or even 26 months. Concerned
entities will not be able to find enough programmers to work for them. Studies
indicate that this is a $600 billion problem engaging millions of programmers
worldwide.

Considering that this is an engineering problem, we know that engineering
projects are overrun at about 50 percent of the time. In the case of the year
2000 problem, there is no leeway--it has to be fixed before midnight on
December 31, 1999, or in some cases before midnight of December 31, 1998.
Thus, at least half of the world will not be prepared for the new millennium.

Chief Executive Officers, CEOs, should not count on being able to find
programmers in the last minute. Not even from the pool of programmers in
India. The major problem is in fixing COBOL programs and the Indians do not
know much COBOL after their government threw out IBM. Also, the Indians
will be busy working for the Europeans and others, who are behind most
nations in fixing the year 2000 problem.

What company do you know of that can increase their capacity without having to add additional "bodies" ?

What company do you know of that can do conversion remotely from their home base ?

What company do you know of that can automatically convert up to 3 million lines of code overnight ?

What company do you know of has such an accurate process that testing time is significantly reduced?

ConSyGen



To: tech who wrote (1267)11/19/1997 8:20:00 AM
From: tech  Read Replies (2) | Respond to of 3391
 
Greenspan Says Banks Need 100% Y2K Compliance: 99% Will Not Do

Link: house.gov

James Leach, Chairman of the House Banking Committee, quotes Alan
Greenspan's warning.

Is Greenspan serious? If so, we are heading for a guaranteed banking disaster.
There is no way that 100% of the banks in the international banking system
will achieve 100% compliance. At present, there is no major money center
bank anywhere on earth that is compliant.


Here is what Cong. Leach said:

* * * * * * *

Experts also emphasize that the problem must be fixed properly and on time if
Year 2000 related problems are to be avoided. I was intrigued by a statement
Federal Reserve Chairman Alan Greenspan made a couple of weeks ago. He
pointed out that 99 percent readiness for the Year 2000 will not be enough. It
must be 100 percent. Thus, the message seems clear: all financial institutions
must be ready; federal and state regulatory agencies must be ready; data
processing service providers and other bank vendors must be ready; bank
customers and borrowers must be ready; and international counterparties
must be ready.


The problem: The YEAR 2000

The Solution: ConSyGen



To: tech who wrote (1267)11/19/1997 8:33:00 AM
From: tech  Read Replies (2) | Respond to of 3391
 
Things You Had Better Do Today (and not Do in Jan. 2000)

THINGS TO DO DURING THE NEXT FEW MONTHS:

1. Write letters to financial institutions with whom you have dealing (banks,
mortgage company, etc) and ask if they are Year 2000 compliant. Send the
letter registered and ask for a signed return receipt. A sample letter is included
at the end of this report. Ask for up-to-date copies of your records. There are
going to be plenty of lawsuits relating to the Y2K problem. These letters may
come in handy.

2. Get copies of your credit report.

3. Make certain your financial records are complete and up-to-date. If you are
not already doing so, keep records of EVERY one of your financial
transactions.

4. Ensure you have copies of the last five years of your state and Federal tax
returns.

5. If you own stocks or other instruments, and the company holding them
does not convince you that they are Y2K compliant, consider selling your
holdings and do not reinvest until after Jan 1, 2000. Check with your tax
advisor for the best way to do this so that you do not incur unnecessary tax
liabilities.

6. Check your own personal computer for Y2K compliance. This involves
checking both the hardware and software packages you use. Checking the
hardware involves the use a small software package that will test to determine
if your hardware will function properly after 12/31/99.

7. Contact each manufacturer of your software packages and ask if they are
Y2K compliant. Again, the Internet is an efficient way to do this since nearly
all software manufacturers have websites. For example, Microsoft, at:
microsoft.com.

8. Carefully check every invoice and bill you receive. Errors are likely to occur.

9. If you are doing any traveling, check and recheck your reservation status
with hotels, motels, airlines, trains, rental cars, etc.

THINGS YOU SHOULD CONSIDER NOT DOING BETWEEN DECEMBER 30,
1999 AND JANUARY 5, 2000:


1. Fly on an airplane (air traffic control may be disrupted or fail; on-board
computer systems may fail)

2. Use an elevator (Elevators may stop suddenly between floors; doors may
fail to open)

3. Schedule any medical tests or surgery in a hospital (hospital records may
become corrupted; emergency systems may fail)

4. Make a long distance call at midnight, Dec 31, 1999. (you might get charged
for a 99 year long phone call)

5. Ride a train or any underground people movers (subways, etc) (traffic
systems may fail, automatic systems may malfunction)

6. Don't use an ATM machine (your bank account records may reflect an
incorrect withdrawal amount)

7. Don't make a bank deposit (your account may not reflect the deposit)

8. Don't pay any bills (pay any bills due the first few days of January, 2000 the
middle of December, 1999. Send payments via registered mail (this one time)
and keep good records of the payment! (You may find that your account is
not properly credited)

********

Who was it again that had an FULLY-AUTOMATED solution to this mess ?

BTW- A solution that has been TESTED and PROVEN to work.

ConSyGen