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

To: John Mansfield who wrote (2215)	7/22/1998 12:35:00 AM
From: John Mansfield	Read Replies (2) \| Respond to of 9818

'The incidence of year 2000-related failures increased from 7 percent in December, to 37 percent in April, to 40 percent this month. Types of failures included processing disruptions (87 percent), financial miscalculation or loss (62 percent), logistics or supply-chain problems (44 percent), and customer service problems (38 percent). The percentage of companies that underestimated year 2000 costs increased from 82 percent to 87 percent since December, and only 2 percent described their cost estimates as "on target." And more companies are falling behind schedule. techweb.com