To: AHM who wrote (22593 ) 8/23/1998 6:37:00 PM From: AHM Respond to of 31646
While editing my message #2593 time ran out - this is the edited message for Wexler: Wexler, I was involved with Y2K problems in the late 50's when I was marketing one of the first "desk-size" computers ever programmed correctly for muni bond yield-to-price calculations - some of which, at that time, had maturities in the Y2K+ range - and we needed to preserve precious storage by keeping everything in 16-bit words which would compute correctly in double precision. What we did was look at dated dates (Issue dates) and we made an arbitrary decision that any 2-digit year beneath 45 was actually in the year 2000+. It worked for this narrow application - but it wouldn't for most - such as social security records where some people live more than 100 years. (Come to think of it, there are a few recently issued "century" bonds where the identical problem now exists.) Chip manufacturer's right up to the time of flash programming (not that long ago) were confronted with identical problems in engineering hard-programmed chips with limited capacity - chips that are still installed in apparatus today that will absolutely fail if they are not identified and replaced. This is what TAVA does for a living as I understand it. With literally millions of devices in existence that have this problem, many of them with chips made by manufacturer's who are no longer in business, it is one of the most extraordinary opportunities for a firm such as TAVA that can be imagined. TAVA will not solve all of the Y2K problems that are out there in this narrow area - but they will sure as hell make a lot of money tackling the problems they have sufficient resources to handle. Read my earlier posting #22579, in which I discuss the reasons outside firms such as TAVA are needed for solutions to this problem which you, incredibly, say doesn't exist in any major way. To further illuminate your position, why not detail your resume and your credentials that might attach credibility to your statements which fly in the face of opposing statements made by some of the most prestigious experts in this field in the world. How can any rational person declare that the Y2K problem is minimal and that companies dedicated to solving it are ripping off the marketplace? Are you more knowledgeable than most of the world? As challenged in the prior paragraph, prove that you are or stop trying to justify your ill conceived, ignorant and outrageous position!!!! To paraphrase, "its credentials, stupid"! Without them your comments mean nothing except to infuriate people who are agonizing over this problem. Incidentally, when a highly prestigious forum was held a few months ago on this subject, hosted by the Congressional committee looking into this problem and broadcast by C-Span, were you among the invitees? If so, what is your real name? Nobody named Wexler was there!