Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Done, gone. who wrote (491)	11/21/1997 6:27:00 PM
From: Done, gone.	Respond to of 9818

America in So Many Words: 1989 millennium bug. amazon.com p. 291: 1989 millennium bug "Will the millennium end in war, pestilence, famine, earthquakes, volcanoes, floods; with the sinking of California to join Atlantis under the sea, the coming of the Antichrist, the rapture of the faithful into heaven, or maybe even campaign finance reform and a balanced federal budget? Perhaps none of the above, despite many predictions. But there is one certain peril that humanity faces as the century hurtles to its end: the millennium bug. Until recently, the millions of computer programs that account for our lives paid no attention to the next century. When they needed to enter a year, they used just the last two digits: 60 for 1960, 97 for 1997. That is fine through 99, but computers will understand 00 as a return to 1900. A person who works from 1970 through 2000 will have accumulated minus 70 years toward retirement; in 2000 there will be 90 years of negative interest on money deposited in 1990. In other words, as Time explained in 1997. "The snafu - aka, the Millennium Bug - arises because corporate and government computers recognize years by their last two digits, and thus will be unable to tell the year 2000 from 1900. Fixing the problem," Time adds, "could cost $600 billion." Another name for it is the Year 2000 Problem, abbreviated Y2K, as in The Wall Street Journal from January 1997: "Cyber-apocolypse is less than three years away, if you believe the hype about the Year 2000 Poblem. Known in geek-speak as 'Y2K,' this is the bug that affects mostly older computers. . . " Year 2000 Problem is the earlier term, noted in 1991, but the 1995 millennium bug seems to be gaining ground. So the Year 2000 is coming early. Before that deadline, thousands of computer programmers will spend millions of hours and billions of dollars to keep most important corporate and government programs from catastrophe. Two years ahead of the millenium, the millenium bug will be the linguistic preoccupation of 1998." Sir, spare your threats: The bug which you would fright me with I seek. --Shakespeare. 1. a: A thousand years; especially, thousand years mentioned in the twentieth chapter of Revelation, during which holiness is to be triumphant throughout the world . . . b: a period of great happiness or human perfection. --9th New Collegiate Dictionary [Universal FBN Disclaimer: techstocks.com ] Bounced Czech (FBN - Perfection!?)