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To: Gerald L. Kerr who wrote (11217)2/13/1998 3:59:00 AM
From: Mike Winn  Respond to of 31646
 
MIKE WINN'S FAVORITE YEAR 2000 LINKS

cnet.com

Hype vs Reality
Some of the stories about the millennium bug would have you believe that it will cause airplanes to fall from the sky, ATMs to shut down and Social Security checks to bounce.

But while the Y2K bug is real and the risks of inaction are considerable, people who are actually working on the problem say that the myths and exaggerations about Y2K have overshadowed the reality.

Despite--or, perhaps, because of--all the hysteria, most large institutions are aware of the problem, and they're working on it. In nearly every case, they expect the bug to have little or no effect on core function.

Millennium superstition

Unlike many computer bugs, this one is easy to explain and even easier to dramatize.

The 8 myths about the millennium bug

Myth #1: Critical systems will fail, sparking a technological apocalypse

cnet.com

Myth #2: The total cost of repairs could be more than $600 billion

cnet.com

Consultant de Jager, the Gartner Group, and most other commentators admit that these are just estimates--nobody has substantiated these calculations...

Nicholas Zvegintzov has been a software consultant for more than 20 years and has consulted on the Y2K problem. He's made some enemies within the field by calling into question the alarmists' figures and methodology, suggesting that the problem is being blown away out of proportion.

softwaremanagement.com

Sally Katzen, the director of the Office of Management and Budget for the President has lower numbers...

news.com

IS Chief called Year 2000 a fraud...

www2.computerworld.com

Myth #3: You will have to buy a new personal computer

cnet.com

Myth #4: Your personal computer's software won't work

cnet.com

Myth #5: The myth of failure in embedded systems

cnet.com

Y2K consultant Peter de Jager has posted dozens of alarming articles on the millennium bug as it relates to mainframes. In contrast, only one recent posting mentions embedded systems--and the author flat-out states that "most embedded systems won't fail" and that "very few firms will jeopardize their future by ignoring this issue."

In fact, there is no concrete evidence that any embedded system will fail.

Sources at major California power supplier Pacific Gas & Electric say there will be no large-scale power failures as a result of the millennium bug.

Myth #6: No one has seen anything like this before

Fact is the millennium fix is no different from the fix for application software when new area codes are allocated as phone numbers are filled. The world would have ended 8 years ago if the fix would have been so complex. The millennium fix is an exercise for the software novice...

cnet.com

Myth #7: Somebody will come up with a quick fix

cnet.com

Fact is there is no silver bullet. Programmers still have to get their hands dirty to fix it.

Myth #8: There is no Year 2000 problem

cnet.com

Fact is Year 2000 problems do exist...



To: Gerald L. Kerr who wrote (11217)2/13/1998 4:11:00 AM
From: Mike Winn  Read Replies (3) | Respond to of 31646
 
>>>Unfortunately, MW is neither intelligent nor well-informed.

But you have to repeat over and over the same messages to warn other "investors". Seems like you're real scared. If you have that kind of feelings, your intuition is telling you to get out of the stock but you're stubbornly ignoring it.

Any guess on how much TPRO will drop tomorrow? If the Dow Jones repeats another good performance for 4 days in a row, people will start questioning what they are doing gambling away their money in a speculative stock like this.