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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (11611)	5/17/1998 5:31:00 PM
From: sibe	Respond to of 13949

From G8 summit: "On the year 2000 issue, we call on the Basle Committee, the International Organisation of Securities Commissions (IOSCO), the International Association of Insurance Supervisors (IAIS) and the Committee on Payment and Settlement Systems (CPSS), and their newly formed joint Year 2000 Council to monitor the work that firms in the financial area already have underway, and to do all that they can to encourage compliance." I found the above amidst many other documents. I feel it is a pretty weak statement which will not draw any attention. Too bad the the events in India and Indonesia dominated the media's attention.

To: John Mansfield who wrote (11611)	5/17/1998 7:33:00 PM
From: bistineau_la	Respond to of 13949

Statement from G7 in regard to Y2K. Not much yet it did make agenda... 25. The Year 2000 (or Millennium) Bug problem, deriving from the way computers deal with the change to the year 2000, presents major challenges to the international community, with vast implications, in particular in the defence, transport, telecommunications, financial services, energy and environmental sectors, and we noted the vital dependence of some sectors on others. We agreed to take further urgent action and to share information, among ourselves and with others, that will assist in preventing disruption in the near and longer term. We shall work closely with business and organisations working in those sectors, who will bear much of the responsibility to address the problem. We will work together in international organisations, such as the World Bank to assist developing countries, and the OECD, to help solve this critical technological problem and prepare for the year 2000.