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: John Mansfield who wrote (1264)	3/23/1998 4:14:00 PM
From: John Mansfield	Respond to of 9818

'cory hamasaki 648 days to go, the deathmarch has started. Did you two see today's Wall Street Journal... GM sez, no problem with cars BUT..... Yahhhhhh! The factories and back room have a huge, massive problem. Last year, 1997, GM (aka Goin' Machine) spent a big 40 million bucks on Y2K... not a huge number, only about half of what the state government of Virginia is spending; less than what Nations Bank is spending BUT this was for DONUTS! A few meetings, some cursory glances at the source, some training sessions in which haggered old has-been geeks explained the two digit year to fresh-faced, frisky young new hires. This year, 1998, GM is spending a half billion dollars, mostly on bullwhips to use on the programmers. You geeks! Been eating a lot of donuts? It's time to get to work, take THIS! -crack- YAHHHHH! and this! -snap- AAHHHH! Anyway, check out the Monday Wall Street Journal, "GM Sees Costs as High as $500 Million to Debug Year 2000 Computer Glitches." Any denial heads left standing, please explain why GM spent $40 million last year on Y2K and plans to increase their expenditures by a full order of magnitude. ..and yes, please remind me that I'm hyping the rate increases. When I see things like this in the newspaper, I start to salivate and get nattering and confused. It... it's like a fantasy, you're working on a contract, the finance guy comes in, starts cursing and swearing at you... tells you that your one million dollar contract is now a ten million dollar contract. He pounds his fist and hurries over a couple cubicles to tell the next vendor rep the same thing. What do you do? You sucky, butt-fake, Y2K remediation houses, better hustle over to GM, the contract cornucopiae is overflowing. Check out the WSJ, Monday, March 23, 1998. cory hamasaki 648 days to go, the deathmarch has started.