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

To: david sosiak who wrote (21574)	8/3/1998 2:10:00 PM
From: ProphetAble	Read Replies (2) \| Respond to of 31646

As an IT manager, I get regular updates on the state of our Y2K remediation. The following was included in the latest report: According to a second quarter 1998 survey of 128 IT managers by CAP Gemini: > 40% of companies reported a Year 2000-related operation failure, up from 37% in April. Among those reporting failures, . 87% reported processing disruptions . 62% reported financial miscalculations or losses . 44% reported logistics or supply-chain problems . 38% reported customer-service problems > 87% of companies said they underestimated Year 2000 costs, compared with 82% in December. > 72% of companies are now focused on contingency planning, compared to 3% in April. (source: InformationWeek, July 27, 1998)