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Technology Stocks : Y2K (Year 2000) Personal Contingency Planning -- Ignore unavailable to you. Want to Upgrade?


To: James Baloun who wrote (67)4/16/1998 3:22:00 AM
From: Bill Wexler  Read Replies (5) | Respond to of 888
 
You're an engineer? Here's a simple question...

This is one I've NEVER received a good answer for...

Since the dawn of the age of computing, countless numbers of applications have been written that account for all sorts of date calculations. There are countless numbers of applications that exist now which "look forward" as well as "look backward" past century date boundaries - for example, the social security administration sends checks to people born in 1899...banks and financial institutions deal with countless instruments (such as bonds, mortgages, etc. etc.) with exposure to the dreaded 21st century dates.

What exactly is so magical about New Year's day - 1/1/2000? If we are going to experience significant impact from this "crisis", then why haven't these cataclysms occured now or in the past?



To: James Baloun who wrote (67)4/16/1998 8:52:00 AM
From: ForYourEyesOnly  Respond to of 888
 
The shorts trash stocks, people, and ideas to make the stocks go down.

Those guys specialize in trashing Y2K tool vendors.....don't bother listening to them, and definitely don't take it personally....it's just how they make their$$.

Have a nice day,

THC



To: James Baloun who wrote (67)4/16/1998 1:02:00 PM
From: Christine Traut  Respond to of 888
 
I would like to support James Baloun in his contributions to this thread. While I find Bill Wexler's ideas provocative, his rudeness gets in the way of anyone listening and drives away people from whom we all can learn. I'm sorry that James is leaving. I hope that Bill will express his opinions without insulting others.

As to the 'hoax' that Y2K cannot be a big deal because it would have shown up already - there are many, many 'housekeeping' functions that happen with file storage, purge programs, interval date/time stamping and synchronization that will not happen until 12/31/99 rolls over to the year 2000. If everyone promises to be civil, I'll be happy to come back and explain.