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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Joey Two-Cents who wrote (8012)	4/28/1998 11:48:00 PM
From: Ploni	Read Replies (1) \| Respond to of 18691

Fed Says 2000 Glitch Will Cost $50B WASHINGTON (AP) - Reprogramming, updating and fixing computers to process data without crashing at the beginning of the new millennium will cost U.S. businesses roughly $50 billion, Federal Reserve officials predict. Fortune 500 companies alone have told the Securities and Exchange Commission they anticipate spending $11 billion dealing with the so-called Year 2000 problem, Fed Gov. Edward Kelly told the Senate Commerce Committee today.