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

To: Stewart V. Nelson who wrote (1539)	5/2/1998 11:46:00 AM
From: Mighty_Mezz	Read Replies (2) \| Respond to of 9818

Stewart - It seems Penn America is referring only to their own internal IT software. Do they know what will happen if information from a non-compliant system is uploaded into theirs? Beyond that, Do they own any modern buildings? Have they checked HVAC systems, security systems, telephone systems, water/sewage systems, etc.? Are they certain they will have electrical power? Do they use leased cars? As ol' Ronnie Raygun said, "Trust but verify."

To: Stewart V. Nelson who wrote (1539)	5/2/1998 11:48:00 AM
From: Stewart V. Nelson	Respond to of 9818

Somebody should clue these guys in...... KENETECH CORP 3/30/98 12/31/97 91.9 02 CAPITAL GOODS 0215 Construction Services Year 2000 Problem ----------------- The Year 2000 problem is the result of computer programs being written using two digits rather than four to define the applicable year. The Company's management has made no evaluation regarding the anticipated costs, problems and uncertainties associated with the Year 2000 issue.

To: Stewart V. Nelson who wrote (1539)	5/2/1998 12:05:00 PM
From: Cheeky Kid	Respond to of 9818

And yet, ANOTHER company that has solved their Y2K problem. And according to them "The expense was not significant!!" It doesn't surprise me, I believe we will see more of these reports in the near future. I believe we will see allot of reports on the embedded chip issue as well - reports saying "Most of the chips do not care what century they are in." >>>>>The Company believes that most of the necessary changes and most of the expenses related to year 2000 have been expensed to date. The amount expensed in 1997 was not significant. Additional expenses may arise in the upcoming years, but management believes that they would not be material.<<<<<