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

To: John Mansfield who wrote (2757)	10/26/1998 3:29:00 PM
From: John Mansfield	Respond to of 9818

' Re: You may fly, but what will you eat on the flight? From: kiyoinc@ibm.XOUT.net (cory hamasaki) 6:59 Subject: Re: You may fly, but what will you eat on the flight? On Sat, 24 Oct 1998 15:23:09, Robert and Frances Egan <egan263@nospam_allowed.ix.netcom.com> wrote: > Host Marriott is a major supplier of airline food. From their latest SEC > Filing: > > sec.yahoo.com > > "EMBEDDED SYSTEMS. The Company will perform a comprehensive inventory of > its embedded systems at the unit level, including computer equipment > used in operations. As of the end of the third quarter of 1998, an > inventory had been completed for approximately half of the Company's > locations with the remaining inventory to be completed by mid-1999." > > You heard it correctly, they won't even finish their -assessment- until > "mid-1999"! > > Cheers? > Robert Egan Oh my... DD, the nice lady that I was chatting up at the last WDC Y2K was the VP from Host Marriott. I was trying to get her name and number when you distracted me with that "gift".... I found it later. As I recall the issue for Host is the support infrastructure... not so much their own systems. Host doesn't map well to a traditional mainframe centric business model. They're more a virtual corporation, integrating suppliers, subcontractors, and existing within a larger structure, consequently they don't have the control that a steel mill or a newspaper has. Without the control, they're doing well to complete the inventory at all. cory hamasaki 431 Days, 10,366 Hours.

To: John Mansfield who wrote (2757)	10/26/1998 3:31:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 9818

' Re: Koskinen On Nightline From: kiyoinc@ibm.XOUT.net (cory hamasaki) 14:04 Subject: Re: Koskinen On Nightline On Mon, 26 Oct 1998 06:33:32, fedinfo@halifax.com roared: about: y2ktimebomb.com Look tim burke, the old paul milne is back; he's snapped his bonds, shook off the hypno-implant from his trip inside the beltway. > ... Koskinen is an unmitigated LIAR. ... a snowball's chance in > hell.... they are lying through their teeth to the public. ... pure > unadulterated bullshit. ... Pure bullshit. ... You can kiss your > asses good-bye. If you are in a populated area, you don't stand a > chance. You will be wiped out. ... If you stay in a city ... Butt-heads beware, he's bad, he's back, and calling it like he sees it. > And don't go around whining for help and begging for food because you were too > STUPID to prepare for yourself when you were warned and had AMPLE opportunity > to do something about it. You still have time, not ample time but I looked out the window and things look normal. Right now, I could go off the supply chain for three months. I'm still in the mode of buying double or triple quantities of items on sale. My concern is the infrastructure collapse, if civilization stays up, this will be easy. If it goes Infomagic, we're all in a world of hurt and I'll be hunkered down in a pit covered by 6x6 pressure treated, watching PIR readouts. ... deer, fox, What I don't know is whether this will go Infomagic... it looks like the future is balanced on a knife edge and could tip either way. I'm trying hard to push it to the safe-side. Asking, begging people to investigate their situation, get smart, and be ready for whatever hand the world deals you. Others, ko-skin-em, are setting people up for a panic. Right now, the stores are full of cheap supplies, not just food, they're stocked to overflowing with fuel, generators, solar panels, clothing, boots, you name it, it's there. At some point, the general awareness will tip over and a Y2K buying panic could set in. The closer it happens to New Year's Evil, the worse it will be. That panic is just the first stage. If system failures occur, people lose their jobs and any hope of the future; we'll be on the cascade down. A future WRP will cover an infrastructure failure that's happening right now. It's not Y2K but it's instructive and a metaphor for this kind of tar pit trap. > Paul Milne > "The road to TEOTWAWKI is paved with good expectations" cory hamasaki 431 Days, 10,358 Hours.

To: John Mansfield who wrote (2757)	10/27/1998 4:55:00 PM
From: John Mansfield	Respond to of 9818

' Soon It Will Be Time To Come Clean 'From: fedinfo@halifax.com 4:37 Subject: Soon It Will Be Time To Come Clean Warning of Y2K strife By LEON GETTLER A leading Year 2000 legal specialist has warned that the so-called millennium bug is likely to start affecting share prices from about December this year as companies reveal problems either with key suppliers or their own systems. The chairman of the Year 2000 practice group at solicitors Mallesons Stephen Jaques, Mr Emilios Kyrou, has told an international conference that Y2K disclosures by companies so far had been useless for investors because they lacked detail. In an address to the Year 2000 and Euro Summit in Rome last week, he warned of an impact on share prices when managers started revealing problems to their boards. ''I have a theory that, in addition to concern about legal liability, another reason why companies have been cautious and very general in their Y2K statements is because to date, few boards of directors would have been informed by their management that the company is facing insurmountable Year 2000 problems,'' Mr Kyrou said. ''While no doubt a number of board reports have said that some problems are emerging, in most cases the reports to boards are likely to say that those problems are being addressed by management. ''As many companies have adopted December 1998 as the deadline for completion of Y2K remediation work, it is likely that, as we move closer to December 1998, a number of companies will report to their board that there are some serious problems either with the company's remediation efforts or in relation to particular vendors on which the company is reliant.'' ==== This goes HAND IN HAND with everything that I have been saying. Soon, very sooon, they will have to admit that they are wildly behind. Only those that prepared in anticipation of this INEVITABLE event will have half a chance. The CEO's are told by their underlings that they 'are working on it'. That is not in the least bit synonymous with getting the job done. No way would they have been informed that the have insurmountable problems. That is why we get the happy face reports. Sooner or later they will have to face the music. It simply is not done. They all hoped against hope that they could get enough done, and they failed. Soon they will have to come clean. Then "Let the panics begin". Won't be long now theage.com.au -- Paul Milne "The road to TEOTWAWKI is paved with good expectations"