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


To: John Mansfield who wrote (2465)8/25/1998 6:17:00 PM
From: John Mansfield  Read Replies (1) | Respond to of 9818
 
'

Nunn Heads Task Force to Assess Threat

Contact: Mark Schoeff Jr. 202-775-3242; Brent Newton 775-3247

WASHINGTON, July 22, 1998 - Former Senator Sam Nunn will
head a CSIS task force designed to raise public awareness and develop
policy recommendations regarding the Year 2000 computer crisis
(Y2K), which threatens to disrupt daily life as we approach January 1,
2000.

Nunn will serve as chair of
the CSIS Y2K Risk
Assessment Task Force.
The group will convene
senior governmental
officials and international
business leaders to
determine how the
"millennium bug" will affect
government, business,
consumers, financial
markets, and the global
trading system. The task
force also will coordinate
ongoing CSIS Y2K program efforts in the areas of international
communications, information security, and international finance.

The year 2000 problem stems from the inability of most software and
microprocessors to recognize the date 2000. Unless defused, this global
bomb could cause widespread computer malfunctions-possibly shutting
down everything from medical devices, telephone networks, and air
traffic control systems to global electronic financial transactions-as
clocks strike midnight on January 1, 2000. Some speculate that Y2K
could spawn a global recession.

The task force has scheduled high-level risk assessment meetings in early
October to analyze the global dimensions of the Y2K crisis. These
meetings will be chaired by Senator Nunn and will include members of
Congress, administration officials, agency heads, and senior executives
from utilities, telecommunications, transportation, and financial services
industries.

These meetings will be followed by a series of events focusing on a broad
spectrum of issues ranging from threats to national security to the
potential explosion of litigation resulting from Y2K failures. The task
force also will publish Y2K Update on the CSIS web site.
...

csis.org



To: John Mansfield who wrote (2465)8/26/1998 1:21:00 AM
From: John Mansfield  Read Replies (1) | Respond to of 9818
 
news.com

Developers are furious over a flaw discovered in
Microsoft's Access database that could cause a
loss of data and scrambled records.

The problem, discovered by a developer last week
and since reproduced by
many users, affects the
way Access handles
changes to database
records. The flaw is
particularly thorny
because it can corrupt
database records without users realizing that
anything wrong has happened.