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

To: Steve Woas who wrote (1724)	5/7/1998 10:26:00 PM
From: C.K. Houston	Respond to of 9818

FTC Seeks Input About Year 2000 Problem and its Impact on Consumers ==================================================================== In an effort to determine the impact on movie goers and other consumers of the failure of computer systems to process, store, display, or use dates correctly beginning in the year 2000, the Federal Trade Commission today published a Federal Register notice seeking public comment on the scope of the potential problem. In its notice, the Commission specifically seeks comment on what types of computer software and electronic products are likely to experience Y2K problems, as well as what steps have been taken or will be taken by software publishers, electronics manufacturers, and others to notify consumers of any anticipated Y2K problems and how to remedy such problems. The agency also wants to learn how various segments of the consumer financial services industry, including finance companies, consumer credit reporting agencies and other businesses, will be affected. In addition, the notice seeks comment on the public's interest in the Commission holding workshops on Y2K issues. ftc.gov Maybe we should send FTC the link to this thead - LOL Cheryl

To: Steve Woas who wrote (1724)	5/9/1998 3:28:00 AM
From: John Mansfield	Read Replies (2) \| Respond to of 9818

[EU] 'EU experts trade ideas on millennium bug 'Full story EU experts trade ideas on millennium bug 08:44 a.m. May 08, 1998 Eastern By Lyndsay Griffiths LONDON, May 8 (Reuters) - Millennium bug experts from across the European Union met on Friday to swap ideas on preventing computer chaos when the new century dawns. ... Seeking to head off such chaos, British junior trade minister Barbara Roche summoned European Union member states to thrash out solutions to the millennium bug. ''This conference is about sharing our experiences to ensure that each member state's awareness, activities and other preparations are as effective as possible,'' Roche told reporters at the start of the conference. ''We are absolutely determined to put our full weight and authority behind this.'' If nothing is done, computers that read only the last two digits of any year could fail to carry out the most basic functions in 2000, be it heating hospitals, paying staff or delivering goods. Roche conceded EU states were tackling the problem in different ways and with varying levels of effectiveness, but said it was vital everyone pulled together so EU trading was not disrupted come the year 2000. ''No country can tackle the bug in isolation. A failure in one part of the EU could have potentially serious knock-on effects elsewhere,'' said Roche, who convened the meeting as part of Britain's rotating presidency of the EU. The issue is also due to be discussed at a Group of Eight summit in Britain later this month. Britain and the Netherlands are considered at the forefront of EU efforts to head off potential computer chaos in the corporate sector, with small and medium-sized firms considered most at risk. ''We aim to share problems and knowledge,'' said Don Cruickshank, Britain's so-called Bug Tsar. ''In a global economy, the financial health of one nation or one international business impinges upon all the others. Nowhere is this interconnectedness more apparent than in the challenge of the millennium bug,'' he said. Washington has said many nations are woefully ill-prepared and do not yet recognise the turmoil that could hit everything from power grids to air traffic control. The Central Intelligence Agency has said Canada, Britain and Australia were in the best shape but still lagged the United States by about six months. The rest of Western Europe, led by the Scandinavians, came next, with Asia and Latin America facing the most problems.