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

To: C.K. Houston who wrote (1035)	2/5/1998 12:23:00 PM
From: BM	Respond to of 9818

Toronto SE requires Y2000 reporting YEAR 2000 REPORTING REQUIRED BY TSE LISTED COMPANIES TORONTO, Feb. 5 /CNW/ - The Board of Governors of The Toronto Stock Exchange has adopted a rule requiring listed companies to disclose material information on the information systems and related business implications of the Year 2000 century change. The rule is effective immediately and requires disclosure in annual reports mailed to shareholders from April 1, 1998 to December 31, 1999. A Staff Notice issued by the Canadian Securities Administrators on January 30, 1998, states companies should use the Management's Discussion and Analysis section of the annual report for this disclosure, and expands on the nature of the disclosure which should be made. In a letter advising its listed companies of the requirement, the TSE suggested to listed companies that they look to the content of the CSA Notice in interpreting the TSE requirement. The TSE urges companies who plan to mail annual reports before April 1, 1998 to make the Year 2000 disclosure, if possible. It also reminds issuers they are obligated to disclose material changes to their Year 2000 information in their continuous disclosure filings on an ongoing basis. This Year 2000 reporting requirement for listed companies reflects the TSE's ongoing commitment to enhance investor confidence in its market. For further information: Steve Kee, TSE Senior Media Specialist, Tel. (416) 947-4682, Cell. (416) 574-7500, skee@tse.com TORONTO STOCK EXCHANGE has 1318 releases in this database.

To: C.K. Houston who wrote (1035)	2/5/1998 12:23:00 PM
From: Mighty_Mezz	Read Replies (2) \| Respond to of 9818

Australian Financial Review article on Y2K and de Jager >>Mr de Jager said a fear of libel or defamation suits has restricted publication of reports that have been brought to his attention in recent months. These include: a chemical plant manager's description of an embedded chip that, if not fixed, will cause explosions involving chlorine gas; a list of 30 medical devices, including model numbers, and a description of how they will fail in Y2K; details of a large chip manufacturer which has identified embedded systems that will fail and where the marketing department is making the decision on whether or not to tell customers. << full story: afr.com.au