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Technology Stocks : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?


To: Rick Voteau who wrote (1488)11/5/1998 9:50:00 PM
From: AD  Respond to of 1654
 








Problems have already begun

5 November 1998





Ministers fear Millennium chaos
COMPUTERS have already been affected by the date-change problem.

In Holland, motorists with newly issued bank cards with expiry dates of 00 had them rejected at petrol stations.

A Swedish woman received a letter informing her of the various schools on offer when she reached 10. She was, in fact, born in 1890.

A tin of corned beef from Marks & Spencer was rejected on the ground that the food was 96 years out of date.

A date roll-over check on a power station led to its shut-down within 20 seconds. The fault was traced to a flue stack temperature sensor that was programmed to minimise fluctuations over time, using the date to make calculations.

A computer clock set to 2000 at Chrysler Motors in America shut down the security system and refused to let staff out.

A sewage treatment plant in America found that in 2000, valve-control systems would have released untreated sewage into the rivers.

During a test in an American nuclear power station, the device that controlled the depth of the fuel rod in the core began to oscillate because the air-conditioning system in the control room failed and the temperature rose.

America's Social Security Administration tried to set up a payment schedule that ran beyond the end of the present century. However, the computer system could not process it.

For almost six months last year, Visa had to stop issuing cards with expiry dates in 2000 for fear that they would be rejected.







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To: Rick Voteau who wrote (1488)11/7/1998 3:58:00 PM
From: Ruyi  Read Replies (1) | Respond to of 1654
 
This appears to be a typical theme of most companies. They have spent only 12% approx. to date. Chevron Estimates Year 2000 Expense Will Cost Up to $300 Mln

San Francisco, Nov. 6 (Bloomberg) -- Chevron Corp., the fourth-largest U.S. oil company, expects to spend $200 million to $300 million to fix its so-called Year 2000 computer software bug, according to a company regulatory filing.

San Francisco-based Chevron said it has spent so far $40 million making sure its computers will recognize the year 2000. The company also said work won't be finished when the clock turns to Jan. 1, 2000.

''It is impractical to seek to eliminate all potential Year 2000 problems before they arise,'' according to the 10-Q filed with the U.S. Securities and Exchange Commission earlier today.







To: Rick Voteau who wrote (1488)11/20/1998 4:26:00 PM
From: Ruyi  Respond to of 1654
 
Fail,Stumble,Bumble,Crumble,any way you say it, its time to get some sort of corporate mission / vision or new management.