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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (5215)	5/29/1998 12:30:00 AM
From: wooden ships	Respond to of 42834

Alan- In re: "I'm already situated on the paranoid end of the bell-curve as it is." That wouldn't be the Art Bell curve, would it? This notion of the Y2K problem embedded in the date sensitive computer hardware itself- such as the logic circuits, et cetera- first commanded my attention by way of the 2 March 1998 "Business Week" cover article: "ZAP! How the Year 2000 Bug Will Hurt the Economy (It's Worse Than We Think)."(q.v.) exchange2000.com businessweek.com To recall the article, it seems that so called "embedded systems" are fully detectable once the damage has been done; in other words, after it's too late. Quoting from Bob Rice's excellent citation, y2ktimebomb.com ["John McMillan of CalTrans says that even though microchips in building operations and standard office equipment have many features in common, most embedded systems are unique to each enterprise. In the testing of the chips in their operations, CalTrans has found that two percent are going to be a problem. (According To McMillan:) "That means that if there are 25 billion chips worldwide, we have to find the 50 million with date-aware, date-required, date-processing functions that Y2K will trigger." "The problem is compounded," he said, "because you can't duplicate the embedded system environment for testing like you can a software application; for many devices you can't roll the date forward without destroying the equipment."] For a list of those threads at Silicon Investor which purport to discuss the Y2K problem and its ramifications, please see: exchange2000.com Embedded systems and Y2K are specifically discussed at the fol- lowing SI site: exchange2000.com I noted that Ed Yardeni, chief economist of Morgan Grenfell, received considerable air time today on the ABC radio network with his prediction of an oncoming significant recesssion caused by the Asian financial implosion and the Y2K problem. In this vein, please see: exchange2000.com Pleasant dreams.