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Technology Stocks : Year 2000 (Y2K) Embedded Systems & Infrastructure Problem -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (325)	4/25/1998 8:07:00 AM
From: John Mansfield	Respond to of 618

Cory Hamasaki's Y2K Dollar Watch. 'This information is ultimately derived from the SEC filings that Senator Robert Bennett (R Utah) and Arthur Levitt (Chair SEC) mandated in early 1998. Some of the information is incomplete; corporations are not required to disclose 1999 expenditures. ... I will add to this list as information becomes available. The expenditures are dramatically increasing. GM is the extreme case. Sabre talks, "...significant internal labor costs as well as consulting and other expenses to prepare its systems for the Year 2000." Liz sez, "...failure to implement the project on a timely basis could have a material adverse effect on operations." Look at the numbers... Sabre is tripling its Y2K budget, Liz Claiborne is more than doubling. kiyoinc.com