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To: Jonathan Bird who wrote (17849)9/11/1998 3:04:00 PM
From: X-Ray Man  Respond to of 213177
 
Add US federal fiscal year, Oct 1, 1999.



To: Jonathan Bird who wrote (17849)9/11/1998 4:57:00 PM
From: Alomex  Read Replies (1) | Respond to of 213177
 
Anyone who doesn't believe Y2K is a real problem needs to research it more.

Count me in. The first time I heard about the potential for a $60 billion dollars loss, I thought "yeah right". Then I sat down and went through different potential scenarios and depending on what your assumptions are (all of which are more or less reasonable) the damages can be anywhere between a best case of a few hundred million dollars to trillions of dollars in the worst case, with the highest probability outcome being somewhere around the low tens of billions.

It is a bit like the first sighting of an asteroid... Best case the thing flies by and nothing happens, worst case it hits the Bay Area, killing all of Silicon Valley, Stanford, Berkeley, Jerry Rice... highest probability outcome it lands in a low density area causing *some* damage but not too much...