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To: Rob L. who wrote (7447)12/18/1997 11:09:00 AM
From: Stuart Schreiber  Respond to of 31646
 
Why admit you have a problem? Why give out information that could be a competitive advantage or disadvantage? Why call attention to your problem? A large contract for TPRO does not necessarily figure to be "great news" for company having work done. Mindset of most companies has, unfortunately, been to hope the problem would go away.

I can just imagine the questions during mountains of litigation that will follow. Well, when did you first realize you had a problem? When did you do something about it?

Never leave an obvious paper trail if it can come back to haunt you.

Stu



To: Rob L. who wrote (7447)12/18/1997 11:14:00 AM
From: sandytoes  Respond to of 31646
 
Rob L.

Show me a business that isn't in a world of intense competition, striving to find a hand up on the market. This isn't like aerospace parts contract announcements, where it is widely known and assumed the parts are needed by every player in the game. This is a situation where some companies believe embedded y2k compliance to be a problem, and some have yet to do their homework.

The companies taking steps to remediate are far ahead of the competitors just tossing the idea around. It's not a build a better mousetrap thing, it's more like: two competing companies are connected side-by-side, one realizes before the other that the shared foundation has termites and dry rot. This company then takes steps to fix their half of the foundation, hoping the other company won't find out about the problem (much less takes steps to fix it) until it's too late and the shattered timbers hold production up for six months.

Just my humble 2 pennies

sandy



To: Rob L. who wrote (7447)12/18/1997 11:19:00 AM
From: Silk Stockings  Read Replies (3) | Respond to of 31646
 
Why wouldn't a TPRO client company want their name in a press release?

Think like a lawyer!

What happens If the management admits to a problem that needs fixing, then for some reason something goes wrong or partially wrong and they get sued?

The plaintiff's lawyers will point to the press release, say the management knew they had a problem all along and because their client was damaged the "cause" was management negligence and they have to pay!

Whether you believe this or not, the lawyers believe it and would only be prudent to advise their company to keep their mouths shut and their profile low.