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

To: Ken Salaets who wrote (8275)	12/9/1997 12:10:00 PM
From: Josef Svejk	Respond to of 13949

Humbly report, more y2k press clippings: -------------------------------- "SEC chief urges utilities to prepare for year 2000. " infoseek.com 06:25 p.m Dec 08, 1997 Eastern WASHINGTON, Dec 8 (Reuters) - U.S. Securities and Exchange Commission Chairman Arthur Levitt is urging the nation's public utility holding companies to prepare their computers for potential glitches that could arise at the turn of the century. [ . . . ] In his most recent letter to top executives, Levitt warned that year 2000 compliance is particularly important for utility companies whose computer systems govern interactions with suppliers, customers and creditors. -------------------------------- "Communications managers aren't prepared for 2000, survey." www2.computerworld.com Computerworld, 12/08/97 12:00:00 AM Although warnings proliferate, a Dataquest survey has found that many North American workgroup communications managers either don't know much about likely computer systems problems to expect from the year 2000 issue or are overly pessimistic about the prospects for getting their systems into shape. [ . . . ] The recent survey found that 15% to 30% of workgroup communications managers believe that their systems, including automatic call distribution, voice mail, private branch exchange phone calling -- which require users to dial "9" to reach the outside world -- and interactive voice response systems need 2000 upgrades. -------------------------------- "The BIG SQUEEZE - Mavens wrestle with the impending exhaustion of telephone numbers. Twelve-digit numbers and expensive retooling loom. " amcity.com Sacramento Business Journal, December 8, 1997 A relentless squeeze on numeric combinations in the 10-digit sequence already has led to more numbers: new area codes in California and a new style of area code designation. But just over the horizon, the continent will have to face the unimaginable. By 2025, telecommunications consumers are projected to exhaust all the numbers in the North American 10-digit numbering plan, forcing the industry to adopt a 12-digit system. [ . . . ] Y2K II? The shrinking of the phone number supply has been likened to the Year 2000 problem for computers, where industries are scrambling to reset computers to recognize 00 as 2000 instead of 1900. Like that impending woe, some warn, action must be taken far in advance. For instance, Hugh Burrows, a telecommunications maven in Canada, recently said that a numbers resolution must be found five to eight years ahead of time to avoid drowning in numerals. -------------------------------- I remain, humbly dreaming of number portability, by the mail slot of the mail room, near the first arch of the Mala Strana side of Charles Bridge, where they serve great hot rum, gratis for me, yours truly, scrambling to avoid drowning, Svejk (GL-15 applies: digiserve.com )