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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


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...




To: Jeffrey L. Henken who wrote (10387)2/4/1998 7:30:00 PM
From: Karl Drobnic  Respond to of 31646
 
PR: Now that you've had time to e-mail "comments@dickdavis.com" and request a sample copy of the Feb. issue featuring Topro, you've got several days to wait until the issue arrives via postal mail. You'll discover that you already know everything I wrote in the piece. So instead of letting the digest sit on your desk for the year, I suggest spend the wait time deciding who you know that would appreciate seeing the Topro article. Tag it with a yellow sticky and send it on. It's a grass roots thing. Remember, we're already convinced. Here's a tool that can help convince others, and increase the potential readership for those PR releases we want Topro to put out - which increases the chance of editors running TAVA news, which attacts more new investors....