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


To: John Mansfield who wrote (1256)3/23/1998 3:33:00 PM
From: John Mansfield  Read Replies (1) | Respond to of 9818
 
Agencies underestimated cost of fixing Year 2000 problem
March 23, 1998

Sougata Mukherjee Washington Bureau Chief

WASHINGTON -- The Office of Management and Budget (OMB) now estimates the
federal government will have to pay almost $4.7 billion to fix the Year 2000 computer glitch.
That figure is up 100 percent from what the government estimated a year ago.

amcity.com



To: John Mansfield who wrote (1256)3/23/1998 4:37:00 PM
From: John Mansfield  Read Replies (2) | Respond to of 9818
 
' The Federal Reserve Bank has produced a
document that is intended to help the small and
medium businesses...


'14. Author: Dave Bettinger ( dbettinger )
Date: Mar. 23 9:43 AM 1998

This message has been posted for Chris Rohrs, of
The Federal Reserve Bank of San Francisco.
The Federal Reserve Bank has produced a
document that is intended to help the small and
medium businesses become aware of the Year 2000
problem and the potential risks, and to provide
some guidelines in working on and resolving the
problem.
This document is available on the Internet. The
address is
frbsf.org,
and click on Small Business and The Year 2000.
The audience is the owners and/or managers of
small and medium-sized businesses.
This document explains what the Year 2000
problem is, the scope, and the potential risks
to businesses and other organizations. It
presents a suggested organizational approach
to managing the problem, presents and explains
a 5-step plan to resolving the problem,
discusses testing techniques and issues, and
discusses the date rollover problem with
personal computers. It also provides the small
and medium-sized business with some
additional sources of information and help.
We urge you to share this document with your
business partners. You may want to talk with
your purchasing department to enlist their
help in getting copies to all of your suppliers.
Remember, we are all in this together.
While the name of the document is "Small
Business and The Year2000," local
governments, utilities and other
organizations may also benefit from reviewing
it.
Thankyou,

ChrisRohrs
The Federal Reserve Bank of San Francisco
____

From the SIM board