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

To: paul e thomas who wrote (1141)	3/5/1998 6:16:00 PM
From: Bill Ounce	Read Replies (1) \| Respond to of 9818

Re: URL for FIRST MAJOR IMPACT YEAR 2000 PROBLEM phillynews.com

To: paul e thomas who wrote (1141)	3/5/1998 9:39:00 PM
From: Mighty_Mezz	Respond to of 9818

"The outgoing Chairman." Rememember that phrase. We'll probably be seeing it often as many CEOs "decide to pursue other activities" when they realize they're not going to be ready in time. For you fans of Revelations, 666 days to go!

To: paul e thomas who wrote (1141)	3/5/1998 10:23:00 PM
From: David Eddy	Read Replies (1) \| Respond to of 9818

Paul - Core States had a reputation of being a first class modern bank in the Philadelphia Market. First let me say that I have never had any dealings with CoreStates. My professional experience as a software developer & marketing of mainframe maintenance tools (including Y2K) has shown me that on balance, financial organizations (banks, mutual funds, insurance... all the same... no tangible products) are pretty much clueless (there are exceptions) when it comes to running their software portfolios as a central corporate resource. In certain critical ways software is a Bill-of-Materials, parts explosion, and inventory control game... financial institutions & the people that build & run them typically have very few people with such 'manufacturing' experience. In financial enterprises they make money the old fashioned way... by creative accounting. My rule of thumb... the fancier the name & particularly the fancier the offices, the more clueless senior management is about what software means to their enterprise. That's why Y2K is such a nasty problem for many financial institutions. - David