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

To: John Mansfield who wrote (2288)	7/27/1998 11:59:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

Some other Y2k 'hypists': _________ SEC Chairman Arthur Levitt on Y2k: ' Will our [foreign] counterparts be ready? I'm not that sure. I said to Corporate America that if by the end of this year they are not demonstrating their readiness, I would simply stop doing business with them. . . . exchange2000.com _________ (Undersecretary of Defense) Hamre said the situation is so grim that the Pentagon is developing a program to share data from US early-warning satellites with other countries, including Russia and China. Otherwise, come 2000, such nations may find themselves in the dark, uncertain whether an attack is coming or not - which, in a crisis, could provoke great anxiety. exchange2000.com _________ State of Oregon - executive order state.or.us _________ Warning fro Unilever: The private sector warning came from such business leaders as Bob Bauman, chairman of British Aerospace; Niall Fitzgerald of Unilever;... exchange2000.com _________ UK: Utility companies have set up a war cabinet to co-ordinate their contingency plans to get the UK through the millennium crisis. exchange2000.com _________ City Of Beverly: help needed on '"hidden" stuff, imbedded chips, traffic controllers, police and fire equipment' exchange2000.com _________ '1. Diane Shields - CACI - Submarine Fire Control Systems. Subsystem vendors go out of business.' exchange2000.com _________ Shell on shipping: exchange2000.com _________ 'CHAIRMAN ROBERT Bennett, R-Utah, said a survey his office sent to 10 of the nation's largest electric, oil and gas utilities showed their preparations to ward off Year 2000 bugs were lagging. Eight of the companies had not even finished assessing their automated systems, a first step in tackling the problem, Bennett said. Message 4889066 _________ Tony Blair: 'First, awareness raising. Global awareness of the problem is patchy. In a recent survey by the World Bank, only 37 out of 128 borrowing member countries said they were even aware of the Millennium Bug. Deutsche Morgan Grenfell point out that only six countries have established national awareness-raising campaigns like Action 2000. We need to do far more and the UK can lead here. exchange2000.com _______ STOCKHOLM--Sweden may temporarily shut down its nuclear power plants on the eve of the new millennium if it can not guarantee their safety from computer problems arising from the year 2000, the country's safety watchdog said today. news.com

To: John Mansfield who wrote (2288)	7/27/1998 2:23:00 PM
From: John Mansfield	Respond to of 9818

'U.S. companies are finally waking up and smelling the millennial coffee. Unexpected problems encountered in year 2000 work have forced them to mobilize and refocus on repairing mission-critical systems and developing realistic emergency contingency (triage) plans, according to a survey of IT managers at 128 of the nation's most successful firms, just published by Cap Gemini America (http://www.usa.capgemini.com). "The number of companies focusing on contingency planning surged to 72 percent from only 3 percent in April," the report states. "Six of seven Fortune 500 firms have now launched a `full-fledged strategy' to deal with year 2000 issues," leaping from 20 percent to 86 percent in seven months. "Growing numbers of major corporations are underestimating costs, falling behind schedule and already experiencing year 2000-related breakdowns," including processing disruptions, financial miscalculation or loss, logistics/supply chain problems and customer service glitches. The poll found the critical utility, transportation and health sectors in greatest danger of Y2K failure. Sectors best positioned for year 2000 success were software, financial services and computers. ... techweek.com