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To: Wizzer who wrote (10932)	4/29/1998 1:44:00 PM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116762

I think you are right...my friends who are experts in that they have been in the field for years say it won't be fixed in time.. maybe the big systems..but not the auxiliary(sp) ones.. bobby

To: Wizzer who wrote (10932)	4/29/1998 5:46:00 PM
From: John Mansfield	Respond to of 116762

Japan: 'catastrophic failure in January 2000 'In contrast, experts say Japan is not tackling the problem seriously, prompting fears its financial system may suffer catastrophic failure in January 2000. No one knows exactly what a Japan unplugged from the rest of the world would mean to the global economy, but the predictions are dire. '...The US is leading the way in addressing the millennium bug problem, followed by Australia (where an estimated $3 billion is needed to fix the problem), Canada and Britain. But other Western countries such as Germany and France are poorly prepared and the situation is particularly acute in Asia, where only Singapore and Hong Kong are at the same level of awareness and compliance as Australia. One Sydney-based computer expert, Bob Hayward, vice-president of Gartner Research Group, says this could lead to a second wave of economic crisis for Asia next year because the level of non-compliance is so high. He termed Japan a 2000 "nightmare" because of its reliance on "old iron" mainframes, heavy use of in-house customised software and a failure by government and business to grasp the nature of the problem. Cultural factors also were impeding progress' theaustralian.com.au