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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (18055)6/5/1998 4:03:00 PM
From: Brian Malloy  Respond to of 31646
 
To all, off the TAVA topic but relevant in a way.

It looks like some agencies are starting to sweat. We will begin to see more and more shifting of funds into Y2K as the bureaucrats realize this is not a problem that can be wished away. Be sure to take precautions to protect yourself and your own family. They will take money first from those with little or no voice. Over time it will affect more and more people. Don't count on government to consider your needs "mission critical". Notice how HHS is trying to shift the blame to contractors. For the full text go the link below.

Putting Computers Ahead of Teens
HHS to Use Money Meant for Homeless on Year2000 Fix

By Barbara Vobejda and Stephen Barr
Washington Post Staff Writers
Friday, June 5, 1998; Page A29


Scrambling to find money to fix its computers' Year 2000 glitch, the Department of Health and Human Services has unearthed an unlikely source of funds: grants to help homeless teenagers.
...
HHS Secretary Donna E. Shalala notified members of Congress this week that she was transferring $7 million from a program designed to help young people living on the streets, shifting it instead to reprogram agency computers.
...
For several months, HHS has been behind schedule on repairing its Year 2000 computer problem, making it one of five troubled departments drawing special attention from the White House and Congress. HHS officials have contended they needed congressional help in forcing contractors to move
faster on fixing the agency's computers.
washingtonpost.com

Finally, the info below comes from Ed Yourdon, a well respected programmer and Y2K consultant. If HHS is starting to squirm now and they have a completion date in 2001, a year too late. When will the others get in gear.

Expected Y2K completion dates for several key Federal gov't agencies
2019 - Energy Department
2019 - Labor Department
2012 - Defense Department
2010 - Transportation Department (FAA!)
2010 - Office of Personnel Management
2005 - Agriculture Department
2004 - Treasury Department (IRS!)
2002 - GSA
2001 - Health & Human Services (Medicare!)
mid-2000 - Education Department (college grants, etc.)
mid-2000 - FEMA
early 2000 - NASA



To: JDN who wrote (18055)6/6/1998 10:24:00 AM
From: jan m.  Read Replies (2) | Respond to of 31646
 
JDN--What does SG&A stand for--and how much of the 35,000,000 is CD's? Also, if Tava hires another 150 engineers in the next 60 days, wouldn't that 400 engineer number be low? Jan