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

To: Todd J. who wrote (860)	1/9/1998 2:39:00 PM
From: Judge	Read Replies (2) \| Respond to of 9818

Todd, from "The Front Lines", page B1 of today's Wall St. Journal: "The Year 2000 Panic Hits: If you delay fixing your millennium bugs until 1999, you may be in for wake-up call in 1998. Date-related failures will surge this year as computers attempt routine two-year date operations and mistake "00" for 1900. A working group in Washington begins contingency planning this month, warning members that "quite a few problems" will pop up this year. The rush to meet a compliance deadline in banking could cause fourth-quarter operating snafus. Vital system upgrades will go on hold as resources shift to date repairs. By year end practically every programmer will be spoken for. Watch for some breathtaking repair estimates in this spring's 10-Ks. Reality check: despite predictions from some professionals, the millennium glitch won't cause a global financial meltdown. Linear extrapolations rarely hit the mark in a world full of learning and nonlinearity. But problems will erupt, and some could be big. The industrial supply chain and the IRS may be especially vulnerable. The bottom line: any big organization failing to lick its problem in 1998 will be hosed in 1999." by Thomas Petzinger, Jr. Sorry, no link -- I read this in my hard-copy while eating lunch. My best to all. Cathleen