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


To: Jeff Redman who wrote (218)4/27/1998 9:04:00 PM
From: Cheeky Kid  Respond to of 888
 
Well, it looks like I am NOT the only sceptic here.



To: Jeff Redman who wrote (218)4/27/1998 11:59:00 PM
From: vpelt  Read Replies (1) | Respond to of 888
 
Jeff: I agree about keeping one's perspective but I think there are people, possibly many on this thread, who feel the problem will be much worse than you and I, and they are taking what they believe to be reasonable precautionary steps. I wouldn't label them as having no backbone (which I think your post implied) if they are taking steps to protect themselves and warn others of potential documentable problems Y2K might present.

vpelt



To: Jeff Redman who wrote (218)5/5/1998 11:29:00 PM
From: Rogue Warrior  Respond to of 888
 
And ALL:

Since arriving on this thread, I thought a little humour might be in order - no bites. Then I spotted this post among the many others that I believe are of high quality. Some are well researched and thought provoking. Then we have those that are of the 'chicken little' variety - typically the 'sky is falling'. Anything is possible but some things
have an infintesmile low probability. But that is the glory of the web and SI in particular - any opinion counts.

Glad you asked - my opinion on Y2K is pretty basic. There are some 'devices' which use on board computers and have no requirement for any date reference and none is built in - FI in cars for example (many sensors feeding a CPU). There are endless similiar examples. As for the typical information based computer applications, that may be a different matter. There are too many interdependencies with some companies finishing Y2K while others are just starting and are taking too much for granted. When NASA and some of the intelligence agencies are finding problems where none were thought to exist, then we seem to be in the big leagues. There are going to be problems in many sectors but heading for the hills with your shotgun/M16 is probably a little too much.

I think Luhftansa, at least at this point, will be restricting their flying on the magic date - that's good common sense. They may have their house in order (or maybe they don't) but those interdependencies with other 'agencies' could produce some very nasty surprises. To me, on an individual basis, restricting potentially hazardous activities on the date would probably be a good idea (such as flying). After that, it's anybody's call. You may find problems with some HVAC systems, elevators and a host of other systems. None should be fatal - well maybe don't plan any major surgery on that date either, if you can avoid it.

Other than that, it should go well with system analysts and maybe some of the legal bretheren who will seek opportunities where noone has imagined or trod before.

You're welcome.

R.W.