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To: Cascade Berry who wrote (4009)12/9/1997 9:32:00 AM
From: Richnorth  Respond to of 116811
 
New systems may have bugs that have not yet been ironed out! Some corporations have performed "fixes" but are still leery about surprise bugs.

An interesting URL, regarding the Y2K problem and bugs, posted by someone early on is

investor.msn.com.



To: Cascade Berry who wrote (4009)12/9/1997 10:32:00 AM
From: Jaakko  Read Replies (2) | Respond to of 116811
 
Reading the Y2K threads I conclude that there will be financial institutions who no longer have the time to fix (and especially test their fixes) prior to the first trigger dates of the Y2K bug (around October 1999). If some parties can't complete transactions or have access to quotes in any reasonable manner this can easily lead to volatile markets,wrong conclusions and bankruptcies!

Many financial institutions will scale down or withdraw from the market prior to Y2K, to be on the safe side. I read that Lufthansa won't be flying a single plane on January 1, 2000, for the same reason!