Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Mansfield who wrote (2503)	8/30/1998 8:08:00 AM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

VERY INTERESTING: FRB Y2k Video and Audio - Senator Bennett ______________ Avoiding the Year 2000 Computer Problem National Press Club Washington, DC July 15, 1998 Q+A - Senator Bennett: 'We have to start making choices - we can not solve the whole problem in time' 'Assessment and priorisation is absolutely essential' 'There is no single likely scenario' 'I believe the power grid will work - brownouts etc yes' 'I believe the financial system will work' 'I would not want to trade on the Nikkei' 'Water will be available; there could be serious difficulties in some towns' 'Very concerned about health care - medical machines that will fail; hospitals without backups are a problem 'Concerned about counties - riots when soc sec checks can not be issued' 'DOD will have serious challenges' 'Probably be rationing flights' 'Soc security system is in the best shape of all gov systems - has started early' 'Gov systems most concerned about: IRS - serious serious problems; DOD; health care' 'Y2k will not be over in 2000 - cleaning up after: will go on FOR YEARS - short term fixes will have to be solved' 'Preparations: document everything on paper; pay attention to what companies are not working on Y2k' 'Sell stocks of co's that lag - read 10K's and 10Q's very carefully' 'I am not yet ready to start to store extra food and water; but it might not be a bad idea to store for a week or two' bog.frb.fed.us