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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Underwood who wrote (8224)	12/5/1997 1:34:00 PM
From: Josef Svejk	Respond to of 13949

Humbly report, "Millennium bug may already be at work in financial institutions. Knight-Ridder CHICAGO - The computer at a suburban bank recently flagged a business loan to be paid beyond the year 2003 as more than 90 years past due. The Millennium Bug may already be at work." lubbockonline.com Off work, a . . . Svejk (GL-15 applies: digiserve.com )

To: Gerald Underwood who wrote (8224)	12/7/1997 12:27:00 PM
From: Josef Svejk	Read Replies (1) \| Respond to of 13949

Humbly report, y2k time in today's NY Times, Times of London, and LA Times: -------------------------- NY Times: "A Race Against the Calendar.": Dec. 7, 1997 nytimes.com Excerpt: The "year 2000" problem poses a serious threat that could disrupt the United States economy and bring about a yearlong global recession beginning in January 2000. Such a recession could be as severe as the 1973-74 global downturn that was caused by the OPEC oil embargo -- a useful analogy for the economic consequences of the current situation. -------------------------- Times of London: "Computer bug jolts Edinburgh millennium bash.": Dec. 7, 1997 sunday-times.co.uk Excerpt: ORGANISERS of one of the world's biggest Hogmanay gatherings, the millennium party in Edinburgh, are being urged to cancel it because of the so-called millennium bug. A computer expert says software controlling essential services will not have been cleared of the bug, which kicks in at the turn of the century, and could threaten the safety of the 300,000 people expected to attend. -------------------------- LA Times: "Year 2000 Computer Issues Need Solutions, Not Cynicism.": ÿ Dec. 7,1997 latimes.com; Excerpt: The article on the millennium bug ["Debunking Year 2000's Computer Disaster," Column One, Nov. 3] was terribly inaccurate and does a serious, nearly criminal disservice to your readers. It's obvious that reporter Greg Miller is far more devoted to cynicism than to the best interest of his readers. Cynicism, like the sex lives of politicians, must sell newspapers, but is that all there is to the Los Angeles Times? Is there no sense of responsibility to society? [ . . .] The fact of the matter is that Year 2000 computer problems represent a real and serious threat. The lack of awareness of this problem and the very late attempts to fix the problem have mandated failure for many companies and government agencies. And by the way, Mr. Miller, Readers Digest is not typical. Most companies started late, very late. LARRY McARTHUR President and CEO Ascent Logic Corp. San Jose -------------------------- About time, Svejk