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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: C.K. Houston who wrote (1478)	4/24/1998 9:35:00 AM
From: C.K. Houston	Read Replies (2) \| Respond to of 9818

Analysts predict as many as 3 percent of the world's businesses could fail because of disruptions caused by the Year 2000 problem. At a recent Business Week magazine forum called, "Agent For Performance", Roger Siboni, deputy chairman of KPMG Peat Marwick, talked to Diane Eastabrook about preparing for Y2K. quote.com Interview was on PBS Nightly News last night.

To: C.K. Houston who wrote (1478)	5/1/1998 12:35:00 PM
From: Stewart V. Nelson	Read Replies (2) \| Respond to of 9818

CK I have read over 2500 reports and must say that the "Doom and Gloom" reported in the Triaxsys report which you reference is missing from the reports I have read. Over 85% stated that the date change will not have a material affect on their operations at least as far their internal systems go. Admittedly, there are some "horror' stories and everyone is worried about third party issues, but many companies have surveyed important vendors and customers and the early reports are encouraging. Now, either I have uncovered the biggest communications gap in the history of business (between management and programmers!) or the trade and financial press are using scare tactics to increase readership. Take a look at a Yardeni's web site and find out for yourself. We have the latest EDGAR filings from the S&P 500...you can form your own opinions concerning the overall level of preparedness of these companies as stated by senior management. It is a searchable database. You will see that Triaxsys must have carefully selected their sample companies for maximum affect. aberdeen.progsys.com Regards Stewart Nelson