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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (880)	9/19/1998 10:21:00 PM
From: jwk	Read Replies (1) \| Respond to of 1361

Look, you guys just keep dancin' around the edge of reality on this. Either it's bw holding up the extremists as an example of all y2k concerns, or it's you with the nonsense about "disasters happen all the time". Yes, disasters do happen all the time. By what leap of logic do you get from that unfortunate fact to advocating positions which have the direct effect of placing the most vulnerable members of society in the way of needless and unnecessary risk? Your statement makes every bit as much sense as it would if you said, "Car accidents happen all the time, so I'm going to drive impaired and recklessly in a mechanically unsound vehicle." It's nonsense. You seem also to have a propensity to take the trival road and site examples of inconsequential items. That's everybit as backrupt a position as bw's holding forth with the extremists. The problem with the y2k situation is the potential for so many things to actup on the same day. We've never faced that potential. Why would a reasonable person not take the steps necessary to make as sure as possible that as few as possible glitches will occur? So what if there is some hype and crap sholved in with the mix. The downside risk far outweighs spending anytime or energy spewing the stuff you do.

To: Cheeky Kid who wrote (880)	9/20/1998 8:35:00 PM
From: David Eddy	Read Replies (1) \| Respond to of 1361

Sire - A fax machine I read about failed Y2K compliance, the only problem was the date displayed on the header of the page was incorrect, hardly a serious problem, the fax machine still functioned. Is a company going to go out of business because of that problem? It's all relative. Depends what's being transmitted on that faxed document. Obviously no documents were transmitted by fax machine in the early 1900s. However...in the early '80s I worked on an International Letters of Credit (L/C) system. To the best of my knowledge it is still in daily use at two of North America's largest money center banks. Unfortunately the way I wrote the code that actually prints the L/Cs will show December 31, 1999 and January 1, 1900, because I hardcoded the ", 19". Normally this really wouldn't make a whole lot of difference, except that what this system is producing is legal contracts plus documentary attachments called bankers acceptances. FYI... BANKERS ACCEPTANCE = MONEY!!!! One final detail. I asked a lawyer how this oversight would be handled under UCC (Uniform Commercial Code). My question stumped him & he had to research the answer. The answer he came back with is the worst of all possible...the UCC does not cover that case...it will most likely have to be left up to the courts to decide. Stuff like this is why Y2K is nasty serious. - David