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

To: John Mansfield who wrote (526)	11/27/1997 3:31:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

Dutch government commission: slight PANIC is necessary... On 25/11/1997, the chairman of the Dutch government initiated Millenium plantform, Mr. Jan Timmer told journalists the following: Biggest problems re Y2K are: - in embedded software - possible supply chain disruptions "We want to have a slight panic, so that problems will be fixed in time". Q: when you buy a car; should you ask if it is Y2K compliant? A: yes "Waiting with solving the problem is dangerous" "Tempo should increase" John (b.t.w, Wim Kok did chair a press conference; but did not appear in this Nova evening program. He did state that the problem is grave, however).

To: John Mansfield who wrote (526)	11/29/1997 4:28:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

Full page Y2K article in NRC, main Dutch newspaper Saturday 29/11/1997, NRC, page 18. Some important statements and citations by interviewed experts: - '99' problem. Already in 1999, problems start to appear. - Total end-to-end testing of many systems together is very difficult. - Domino effect is one of the nastiest problems. JIT logistics may cause problems, when suppliers can not supply due to Y2K problems. - Advice by 'De Nederlandse Bank' (a bank similar to the Federal Reserve Bank) to be very critical when issuying loans to companies that are not well ahead in Y2K remediation. - First fix the problems; then perhaps start law suits. We have to solve the problems together, IT suppliers and customers. - Estimate for the Netherlands: about 7000000000 lines of code to be fixed. Where does the Y2K problem occur: - PC's. Two NRC journalists tested their own PC's by changing the system date to 1/1/2000; et voila: reset of the date to 1980. - Banking cards - Consumer products. - Defense systems. 'Semi serious' citation by Gary North": "Next century the Chinese army could be the strongest on earth". Dutch spokesman of the Defense department admits that defense systems are full of embedded systems; and have to be checked. - Airplanes. KLM announced that the airplanes contain about 160 date sensitive systems. KLM will simulate the situation around 1/1/2000 starting early next year. John