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To: JDN who wrote (13996)	4/4/1998 6:52:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 31646

JDN: What they're spending on Y2k: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~' ********** The Road to One Trillion "If an Amoco Oil spends $100 million, it won't make their stock go up or down, but, if they don't spend that and don't fix the problem, they'll go out of business." --- Jim Jones, managing director, Atlanta Information Management Forum's Y2K group, quoted in the Atlanta Business Chronicle Each day we see more companies and organizations announce what they are spending to achieve Y2K compliance. We thought you might find it of interest to see these numbers compiled on a semi-regular basis, so here is the first installment: City of Corpus Christi: $10 million, Source: Corpus Christi Caller Times Aetna: $95 million, Business Today State of Maine: $12 million, Business Today U.S. Government: $4.7 billion, Government Computer News/OMB BankBoston: $75 million, Business Today Citicorp: $600 million, Reugers Filenes Basement, $6.9 million, Boston Globe Union Carbide $50 million, Reuters Continental Airlines, $12 million, Reuters Chase Manhattan Corp., $300 million, American Banker Fleet Financial Group, less than $150 million, American Banker NationsBank, $120 million, American Banker J.P. Morgan & Co., $250 million, American Banker BankAmerica Corp., $380 million, American Banker General Motors, $500 Million, Wall Street Journal Columbia/HCA Healthcare, $60 million, Atlanta Business Chronicle Amoco Corp., more than $100 million, Atlanta Business Chronicle Atlanta's Life of Georgia, $3.5 million, Atlanta Business Chronicle Credit Suisse Group, $330 million Istituto Bancario San Paolo di Torino, $56 million, Reuters. Houston Industries, $155 million, Dow Jones News Service Total: $7.96 billion dollars This is the tip of the Iceberg.... Jim