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


To: Karl Drobnic who wrote (11890)2/23/1998 11:25:00 PM
From: DD™  Read Replies (1) | Respond to of 31646
 
Y2K Business Week Article..

businessweek.com

Excerpt..

"Indeed, what makes Year 2000 particularly vexing is that it affects both
stand-alone computers and the embedded processors built into all sorts of
modern equipment, from automated factory equipment to power plants to cars
to cellular telephones. Last fall, Phillips Petroleum Co. engineers ran Year 2000
tests on an oil-and-gas production platform in the North Sea. The result: In a
simulation, an essential safety system for detecting harmful gases such as hydrogen
sulfide got confused and shut down. In real life, that would have rendered the platform
unusable. Similar problems can occur in almost any sort of modern manufacturing that
involves sensors and ''smart'' machinery. ''There will be facilities where they go in and
turn on the machines and they won't go on,''says Dean Kothmann, head of the
technology division at engineering firm Black & Veatch, the world's largest provider of
power plants."

DD



To: Karl Drobnic who wrote (11890)2/24/1998 12:04:00 AM
From: ROBERT H RICHMOND  Read Replies (1) | Respond to of 31646
 
HI Karl,
Speaking of PR,Nightly Business Report showcased the head of the federal reserve system speaking on the y2k problem. He came closer to anyone in the national media to admitting that the crisis is real.
He said the fed has been working on the problem for several years and
expected to be y2k compliant by June 98. He said they were closely
monitoring all US financial institutions and expected to begin
compatibility testing this year. He was not optimistic that all US
financial institutions would be compliant in time and that the fed
would probably have to dump some firms. He was pessimistic about
Europe and very concerned about Asia. He estimated the fed's total
costs approaching 100 million dollars.
Maybe, people will start to get the message.
Yours in TAVA.
rhr



To: Karl Drobnic who wrote (11890)2/24/1998 7:18:00 AM
From: Robert F. Newton  Read Replies (1) | Respond to of 31646
 
I guarantee you'll hear about it when companies do become Y2K compliant. They will use it as a competitive advantage via advertising, selling, etc........................



To: Karl Drobnic who wrote (11890)2/24/1998 2:12:00 PM
From: B.D.Bauden  Respond to of 31646
 
Karl,

No PR phobia? Please point me to the TAVA press release announcing their contract with GM. I missed it and would really like to read it.

Bruce