To: Jeffrey L. Henken who wrote (10387 ) 2/4/1998 7:05:00 PM From: E Read Replies (1) | Respond to of 31646
From the Financial Times, February 2, excerpts:BOMB WITHOUT BOUNDARIES... Explosions, albeit small ones, are starting to go off. The consequences of the "millennium bomb"...are already being felt by the public... The risks cannot be overstated: they range from minor difficulties in processing financial transactions, to the complete collapse of transport, energy and government systems, including pensions and social security... More explanation of how the bomb was assembled are emerging all the time. Most people now know that the bomb is a consequence of techniques for saving expensive computer memory by storing years as two, rather than four, digits--- 98 rather than 1998, for example. Fewer are aware that programmers used a whole raft of tricks to pack software into the smallest possible space, all of which may potentially cause problems. September 9, 1999 (9/9/99) for example, was sometimes used to indicate the end of a set of records to be processed. On that date, may computers may come to an unexplained halt... The public may not realise how serious the problem is because many of the difficulties experienced by companies so far have been kept under wraps... ...What seems a trivial, if tedious, piece of technological tinkering at the outset turns out to be a monster whose tentacles stretch in all directions... Brad Collier, a consultant with the company ESSP, which specialises in rendering "embedded processors", says: "It is extremely frightening. We are rushing towards a brick wall rather fast." Most experts, however, believe less in an apocalyptic disaster than in a steady stream of minor and unpredictable failures which will have a gradual but debilitating effect on the economy... While most are aware of the problem, few have started remedial work or begun contingency planning...