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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK) -- Ignore unavailable to you. Want to Upgrade?

To: Josef Svejk who wrote (236)	4/5/1998 5:56:00 PM
From: Hoatzin	Read Replies (2) \| Respond to of 684

Here are a couple of bizarre excerpts from veronex.com 1. From the "annual report" section: veronex.com Currently, computers use a date code field of 6 characters 00-00-00 and have been programmed to believe that "HO" in the year date field is actually the year 1900. When the year 2000 occurs, all such computer programs will become confused believing that "OH" is 1900 and not 2000. The computer problems begin to occur because simple arithmetical calculations will cease to function properly because of the fact that computers were only given two digits for the year instead of four. Consequently, computers think that the date 04-01-97 is April 1,1997. When the year 2000 begins causing the date field to read "OH", most computers will simply assume that the proper arithmetical meaning of "HO" is a reversion to the year 1900 instead of an advance to the year 2000. For example, the social security administration computers will assume that all current retirees receiving benefits (born before 1936) are suddenly too young to qualify (only 35 years old or younger), and therefore, benefit payments will stop for more than 1,000,000 recipients of social security. What the h*!! is "HO"? And is it "HO" or "OH"? No computer I know of is going to have "HO" in a year field. (Perhaps X'F0', if you want to show off and represent display characters in hexadecimal.) And a computer looking at the two digit date of birth of a person born in 1936 will see "36" today and on 1/1/2000. Birth dates should always be four digits, and using two digits causes a problem quite independent of the Year 2000. People over 100 have been getting notices about kindergarten ever since (poorly designed) computer systems have been around. I doubt that this material has been proof-read by anyone with a technical background, and I suspect that anyone with a little common sense would catch it. 2. From the "Baker Institutional Report", under "Reviews and Articles" veronex.com BankBoston BankBoston, dating from 1784, is the fifteenth largest bank in the U.S. and among the most progressive, involving itself in film production in partnership with Hollywood studios when Joe Kennedy, President Kennedy's libidinous father, was only watching Gloria Swanson movies.BankBoston had a good handle on its Y2K problem, initiating its compliance program in 1994. If you were paying $40,000 for this report (Veronex did), wouldn't you check that it made some sense? One final link to consider: datek.com (...bearing in mind that shorting BB stocks is very risky, since you have a higher than normal risk of your shares being called at an "inopportune" time.)