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

To: flatsville who wrote (2420)	8/19/1998 3:46:00 PM
From: sibe	Respond to of 9818

Reuters: Jamaica To Miss Year 2000 Deadline By 4 Years dailynews.yahoo.com .html Jamaica To Miss Year 2000 Deadline By 4 Years - Official <snip> KINGSTON, Jamaica (Reuters) - Jamaica will not overcome its Year 2000 computer problems until 2004, with the private sector hardest hit by the delay in swatting the ''millennium bug,'' a government minister said. Philip Paulwell, Minister of Commerce and Technology, said crucial government systems would meet the deadline. But the private sector, especially the financial services industry, would be hardest hit by the failure to correct date-recognition software before Jan. 1, 2000. ''It will realistically not be fully dealt with until the year 2004 and this is the case for most countries. Jamaica is not alone,'' Paulwell said in a Radio Jamaica broadcast. Comment from Sibe: And what will happen when the holders of secret bank accounts in the Caribbean and elsewhere begin to worry about the Y2k readiness of their banks? They may take their money out and place it in other areas that are Y2k safe and without a paper trail to the IRS. Gold is a possibility.