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


To: John Mansfield who wrote (2479)8/28/1998 3:51:00 PM
From: John Mansfield  Respond to of 9818
 
'Survey: Japan firms not Y2K ready
By Reuters
Special to CNET News.com
August 27, 1998, 7:00 a.m. PT
TOKYO--Less than 10 percent of the Japanese companies on the Tokyo Stock
Exchange have completed millennium compliance, a corporate survey released by
the Exchange showed yesterday.

While a majority of firms are working on the issue, only 9.4 percent of the
1,549 listed firms polled said they had taken steps to counter the millennium
computer problem, which arises because many systems fail to recognize the date
for the year 2000, the survey said.
=========================

Here is another example of the press saying that 10% HAVE completed compliance
when in fact they have not. There have 'taken steps' towards compliance.

However, even if one GRANTED 10% done they still are belly up with only 300
working days to go.

When the second largest economy in the world goes under the world is
AUTOMATICALLY THRUST INTO A MINIMUM of a depression.

Only Jeff Weiss will be ignorant enough to argue the fact. Maybe some of his
butthead Pollyanna friends would like to help him.

All the way down to the wire the butthead Pollyannas will ask us to determine
how many angels can dance on the head of a pin and the whole time they will be
straining out gnats and swallowing camels.

Hey, no skin off my nose its Jeff Weiss's funeral. Oh yeah, He moved out to
the country even though nothing at all is going to happen. He claims that he
doesn't like coincidences. Coulda fooled me.

news.com
____

From:
fedinfo@halifax.com
5:19

Subject:
Japan: Gone



To: John Mansfield who wrote (2479)8/28/1998 3:53:00 PM
From: John Mansfield  Read Replies (2) | Respond to of 9818
 
' Union Pacific Railroad.
____

From:
rcowles@waterw.com (Rick Cowles)
1:29

Subject:
Union Pacific - A "Y2k Confident" Company

I received correspondence today from Tim Brechbill at Union Pacific
Railroad. The email is reproduced below with his permission. I would
encourage anyone desiring clarification or with specific questions to
contact Tim directly per his request.

>To: rcowles@waterw.com
>Subject: Y2k at Union Pacific Railroad
>From: Tim_L._Brechbill@notes.up.com
>Date: Thu, 27 Aug 1998 16:06:02 -0600

>While UP definitely has had service problems, they have not been related to
>computer systems or Year 2000. In fact, I would say that UP's Y2k effort
>and results to date rival the best in the world! A recent independent
>audit of the Railroad's Y2k readiness for a major U.S. automobile
>manufacturer resulted in their highest possible rating. Our TCS system will
>be fully Y2k compliant, tested and implemented 3 months ahead of plan in
>September 1998, and almost all of our systems will be certified Y2k
>compliant in 1998. This includes full system integration future year
>testing. All projects are on plan or ahead of schedule, and our original
>cost estimates in 1996 are still valid. I realize the concern with the
>railroad industry, how it relates to the supply chain problem, and I
>totally support the need for more awareness, but Union Pacific will be
>ready for the Year 2000. Please refer to our recent press release (
>http://www.uprr.com/uprr/notes/corpcomm/2f5a.htm) or call me personally at
>402-280-6964 if you have any more questions about our Year 2000 Project.

--
Rick Cowles (Public PGP key on request)
www.euy2k.com: Electric Utilities and Y2k

Now Shipping From AMAZON.COM! "Electric Utilities and Y2k" - The Book
www.euy2k.com/book.htm



To: John Mansfield who wrote (2479)8/28/1998 3:55:00 PM
From: John Mansfield  Read Replies (1) | Respond to of 9818
 
'...sat on a panel with Jerry Wermeil of NRC...

____

'From:
rcowles@waterw.com (Rick Cowles)
2:41

Subject:
Re: reallity versus hyperbole

On Thu, 27 Aug 1998 13:28:07 -0700, "Robert Holland" <rholland@wco.com>
wrote:

>I have no doubt you visited a nuke plant. Question is, who did you
>talk to while there? On what terms was your visit? Just where did you
>go and who invited you? You wonder why information is hard to come
>by, and yet you participate in the shell game too!

I worked in the nuclear industry for 15 years. Two weeks ago, I chaired an
industry Y2k conference (and no, I didn't get paid for it) and sat on a
panel with Jerry Wermeil of NRC (the bloke heading up NRC's effort). In
May, I testified before Congress with Hugh Thompson of NRC. I respect the
effort that the industry as a whole is putting into Y2k, but my sense is
that they *still* aren't correctly reading the political tea leaves and
understand the enormous pressure that GAO and congress is placing on NRC to
deal with this issue. With respect to the client I was with, I don't
provide details on specific clients I work with.

>You don't even know if Hawaiian Electric fixed their control system,
>yet it's the cornerstone of your claims. Is there no benefit to you to
>make contact with Hawaiian Electric to verify or update the story?
>Did you take that email on face-value?

Face value?? It was from the guy that discovered the problem, and cleared
through their PR department, and I've had phone conversations with Mr. Ito.
Yes, I have had quite a few subsequent conversations with them, the most
recent a few weeks back with Fred Kobashikawa. They are going to provide a
followup to the story (presumably after they clear it with their lawyers).

--
Rick Cowles (Public PGP key on request)
www.euy2k.com: Electric Utilities and Y2k

Now Shipping From AMAZON.COM! "Electric Utilities and Y2k" - The Book
www.euy2k.com/book.htm