Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mighty_Mezz who wrote (1065)	2/13/1998 12:04:00 AM
From: SF GRAY	Read Replies (1) \| Respond to of 9818

Article from Denver Post, Feb 12. The following appeared today as a 'closer to home' example of the potential municipal costs and impacts of Y2K: MILLENNIAL GLITCH COSTLY Pueblo - The Pueblo City Council is facing a $1 million cost to replace the city's computer system because of the year 2000, according to city manager Lew Quigley. He broke the news to council members this week. (Pueblo's data processing director, Judy Leach), warned the mistake becomes serious when it crops up in police, personnel and tax records. Leach estimated that it would cost about $1 million to purchase a new computer system, or $500,000 to $2 million to reprogram the current computers. Quigley said he had hoped the city would solve the problem through a proposed quarter-cent increase in the city's sales tax last November. The increase would have raised money for a new police building and a new data processing system. Voters overwhelmingly rejected the proposed tax increase. (Note: Pueblo is a city of 150,000 two hours south of Denver on I-25) Steve