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


To: Bill Ounce who wrote (1949)6/1/1998 7:36:00 PM
From: Stephen L. Smith  Respond to of 9818
 
members.aol.com
From Market View, June 1998
"I'd like to add one more warning this month. A major utility company announced that earnings estimates would not be met due to significant cost overruns related to Y2K preparations and system enhancements. You can expect to hear a lot more of this over the next year. It's getting closer to Y2K crunch time and a lot of companies are not ready yet!"

Can anyone identify the major utility company W. Crimi is referring to?



To: Bill Ounce who wrote (1949)6/3/1998 10:12:00 AM
From: Bill Ounce  Respond to of 9818
 
Millennium puts big projects on back burner

computerworld.com

[...]

Nearly half the IS managers in U.S. businesses say the millennium deadline has forced them to delay or scale back big projects to concentrate on fixing year 2000 problems.

[...]



To: Bill Ounce who wrote (1949)6/3/1998 10:16:00 AM
From: Bill Ounce  Read Replies (1) | Respond to of 9818
 
Federal agencies fail Y2K report card

computerworld.com

[...]

Underlying this dismal [overall] grade is a disturbing slow-down in
the government's rate of progress," Horn said in a written statement.
"For the quarter ending Feb. 15, the government brought
mission-critical systems into compliance at a rate of 9.4%; for the
quarter that ended May 15, the rate of progress slowed to 7.9%. This
would be discouraging in any context. Less than a year before the
March 1999 (government) deadline for Y2K repairs, a reduction in
productivity is deeply troubling. This trend must be reversed."

"Without dramatic improvements, the nation's air traffic could face
serious disruptions for an extended period after Dec. 31, 1999," said
Horn, a California Republican.

[...]



Here's how U.S. departments and agencies stacked up:

"A-": General Services Administration, Federal Emergency
Management Agency, National Science Foundation.

"B": Department of Commerce, Small Business Administration,
National Aeronautics and Space Administration, Nuclear
Regulatory Commission.

"C": Departments of Treasury, Housing and Urban
Development, Labor and Veterans Affairs.

"C -": Office of Personnel Management, Department of the
Interior.

"D" : Departments of Agriculture, Defense, Justice and
Education.

"F": Environmental Protection Agency, Departments of State,
Health and Human Services, Energy and Transportation,
Agency for International Development.

Additional information about the House Subcommittee on Government
Management, Information and Technology can be found at
house.gov.