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

To: John Mansfield who wrote (1765)	5/11/1998 3:27:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

[SEC] SEC Chairman Arthur Levitt on Y2k ' Monday, May 11, 1998; Page F10 Arthur Levitt, the chairman of the Securities and Exchange Commission, recently sat down with a group of Washington Post editors and reporters to talk about the bull market, Internet investing and banking mergers. Here is an edited transcript of that conversation. .... What about the year 2000 computer problem? I think the markets will be set and the SEC will be set as soon as we phase in the new EDGAR program. Any businessman is nuts if he is not ready for the year 2000 because there is no deferring it. I think that Corporate America, by and large, will be prepared for the year 2000. Will our [foreign] counterparts be ready? I'm not that sure. I said to Corporate America that if by the end of this year they are not demonstrating their readiness, I would simply stop doing business with them. . . . I don't anticipate catastrophes with respect to the year 2000. I think enough prominence is being given to it. Survival is the issue here, and American businesses, if they are nothing else, they are survivors. .... washingtonpost.com