Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Mansfield who wrote (2132)	7/12/1998 8:51:00 AM
From: C.K. Houston	Read Replies (1) \| Respond to of 9818

Millennium bug claims hit Lloyd's LLOYD'S of London is being hit by claims from the millennium bug, more than 17 months before the end of the century, as insurers prepare for a tidal wave of insurance litigation that is expected in 2000. At least six technology companies have notified their insurers at Lloyd's that they are likely to make claims under their existing policies. These companies are expecting to be sued by some of the business customers to which they have supplied software which will crash at the start of 2000 ... "This is going to result in more litigation in the insurance industry than anything else we have ever seen," ... telegraph.co.uk:80/et?ac=000387808654031&rtmo=wneQ0jlb&atmo=99999999&P4_FOLLOW_ON=/98/7/12/cnmil12.html&pg=/et/98/7/12/cnmil12.html

To: John Mansfield who wrote (2132)	7/12/1998 1:31:00 PM
From: John Mansfield	Respond to of 9818

A bit of history.... 'Subject: Re: Historical Query: First Y2K Warning Memo? From: slug@fast.co.za (Chris Anderson) Date: 1998/07/03 Message-ID: <359ca91e.2538798@news.netactive.co.za> Newsgroups: comp.software.year-2000 [More Headers] [Subscribe to comp.software.year-2000] dsdock@tiac.net wrote: >Historical question: Who can dig up the earliest Y2K warning memo? Haven't got any memos, but my first real Y2k experience was in 1972. 16th August to be precise. 9999 days to go. The OS tape catalog set the retention date to zero and my "keep forever" tapes got scratched. See "Timeline" and "Historical perspective" at Cinderella. Prior to 1972, there was a glitch in the systems I worked on with the transition from 69 to 70, because we only captured one significant digit of the year on punch cards. We stored the date internally as halfword binary so memory was not the problem, but there were only 80 columns on a card. Eventually after much screeching and hollering about overpunches and column binary and the like, the fields were expanded to 2 digits. I published articles about Y2k in Mainframes in 1986, and 4 digit years in PCs in 1991. There is a bibliography somewhere that mentions an early article in Datamation and even an IBM Systems Journal, but I have never seen them so cannot comment. Nobody was prepared to do anything until de Jager started www.year2000.com and the US Government held congressional hearings in 1995. ------------------------------------------------------------------------ Chris Anderson x10.dejanews.com

To: John Mansfield who wrote (2132)	7/14/1998 2:42:00 PM
From: C.K. Houston	Read Replies (1) \| Respond to of 9818

REMARKS BY THE PRESIDENT CONCERNING THE YEAR 2000 CONVERSION Transcript library.whitehouse.gov CLINTON: 'Because the difficulty is as far flung as the billions of microchips that run everything from farm equipment to VCRs, this is not a challenge that is susceptible to a single government program or an easy fix. It is a complex test that requires us all to work together -- every government agency, every university, every hospital, every business, large and small. CLINTON: It could affect electric power -- I just want to remind you that I used to have a life and I know about things like that. (Laughter.) It could affect electric power, phone service, air travel, major governmental service. CLINTON: we're not just talking about computer networks, but billions of embedded chips built into everyday products. CLINTON:....there are still gaping holes. Far too many businesses, especially small-and medium-sized firms, will not be ready unless they begin to act. CLINTON: It is important that we act and NOT be in denial