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To: John Mansfield who wrote (18964)6/23/1998 1:59:00 AM
From: John Mansfield  Respond to of 31646
 
'....but our companies will go out of business'

'...Nowhere are these barriers more apparent than in the conflict between business operability and legal risk. On one hand, our goal is to ensure that our company is fully compliant and operates through the next century without problem. On the other hand, we are terrified of doing anything that may expose our company to a lawsuit. This isn't an idle fear: Two separate studies estimate that the legal consequences of Year 2000 will exceed $1 trillion. Unfortunately, completely protecting ourselves from legal risk severely hampers our ability to ensure business operability. Unless we find ways to navigate these obstacles, our projects will be bulletproof from a legal standpoint, but our companies will go out of business.

...

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