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To: Oeconomicus who wrote (10217)4/17/1998 9:15:00 AM
From: Candle stick  Read Replies (1) | Respond to of 27307
 
Well, you've heard of the year 2000 problem...welcome to the DJIA 10,000
problem. An IT research report came out today from Gartner Group saying
that "alarming evidence is emerging that many enterprises will face severe
difficulties in their information-processing systems when the DJIA reaches
10,000"

"Trading organizations face potential massive exposure if the DJIA passes
10,000 and their systems interprpet it as 1,000 - or 0,000. Computer-based
trading systems could interpret the "10,000 event as a catastrophic crash.
This is a real and present threat. Little evidence exists that AD
organizations have started risk assessment."