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


To: James Strauss who wrote (18286)6/14/1998 7:56:00 AM
From: Hunter  Respond to of 31646
 
To all,

Not sure if you are aware of new YAHOO feature on getting latest on insider buying and selling. Have punched in a few stocks I watch and it has been an eye opener in some cases. Nothing earth shattering on TAVA though. biz.yahoo.com

To use for any stock, in place of the second /t/ you put the first letter of the stock symbol. And of course put the stock symbol of interest in place of tava.

Hunter



To: James Strauss who wrote (18286)6/14/1998 1:02:00 PM
From: John Mansfield  Respond to of 31646
 
The Richmond Times Dispatch
May 24, 1998, Sunday, CITY EDITION
SECTION: BUSINESS, Pg. E-3
LENGTH: 406 words
HEADLINE: UTILITIES FIND PROBLEM GOES BEYOND COMPUTERS,
SOFTWARE
BYLINE: Greg Edwards; Times-Dispatch Staff Writer
BODY:
Two of Virginia's largest service companies, Bell Atlantic Corp. and Dominion Resources Inc.,
have found that everything from plant operations to security and fire suppression systems has
been touched by the inability of some computer systems and equipment to recognize<
irp6.5,L12>the year 2000.

In Bell Atlantic's case, the estimated bill to solve the problems is as high as $ 300 million for its
13-state service area.

Dominion Resources estimates its year 2000 costs will be $ 100 million to $ 150 million, with $
30 million to $ 50 million of that being borne by Virginia Power, a Dominion subsidiary.

Bell Atlantic has approached its millennium bug solution the same way it would any other major
project, said Skip Patterson, executive director of the company's year 2000 program. Each of
its major operating units has a team charged with deciding whether equipment should be fixed,
replaced or retired.

"The real challenge here is a management challenge, rather than a technology issue," he said. The
company started looking at the problem in mid-1994; and, if it hadn't, it wouldn't be able to fix it
on time.

Bell Atlantic executives also meet regularly with their counterparts from other phone companies
to make sure that interconnected networks operate when 2000 arrives.

The more Bell Atlantic looks into the problem, the more it finds that could go wrong. "It's
invaded every part of the business," Patterson said.

For both utilities, the problem is not simply one of computers and computer software.
Sometimes the equipment they run contains preprogrammed computer chips that are time
sensitive and unable to deal with the year 2000. The chips either have to be reprogrammed or, if
that's not possible, discarded.

.....

For both utilities, labor represents a big part of their year 2000 costs.

Despite all the work Bell Atlantic has done to prepare for the new century, Patterson doesn't
expect the transition to be seamless.

"Not everyone will be ready."
GRAPHIC: DRAWING

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