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

To: C.K. Houston who wrote (2790)	11/9/1998 1:19:00 PM
From: Ken Salaets	Read Replies (1) \| Respond to of 9818

Not to mention those old 486s in my basement. ggg. I was reading this very article from today's Times when I saw your post. So how the hell are you, and where are you? ggg. Ken

To: C.K. Houston who wrote (2790)	11/10/1998 5:20:00 PM
From: John Mansfield	Respond to of 9818

from Roleigh Martin's list server: 'Disappointing Y2K Survey: Oil/Gas Companies By Roleigh Martin @tc.umn.edu Saturday November 07, 1998 02:36 PM PST I'm not impressed with these responses! Only 28+26+14 (68) percent! What are the others doing? Nothing? api.org [link now dead; full original press release is reproduced below] The disappointing highlight quotes are these two paragraphs: "As for the embedded hardware systems that must be corrected, 28 percent of industry respondents say they are assessing the problems while 26 percent of respondents say they are in the process of fixing their systems. Some 14 percent of respondents say they are in the process of validating the results of their work." "The gas and oil industry survey respondents covered 66 percent of combined oil and gas consumption." I'm reproducing the original press release, in its entirity, because the link is now dead. Perhaps the information was too embarrasing in retrospect. I'm surprised they made a press release of the information myself. -Roleigh ==================================================================== api.org The American Petroleum Institute / Year 2000 Press Release For Immediate Release News media contacts: Mary O'Driscoll (NGC) 202/216-5943 Susan L. Hahn (API) 202/682-8118 September 18, 1998 Gas, Oil Industries Anticipate On-Time Y2K Readiness WASHINGTON---The oil and natural gas industries are well on their way to fixing their computer systems to accommodate the change to the year 2000, officials told the Federal Energy Regulatory Commission (FERC) today. According to a recent survey of more than 800 gas and oil companies, nearly a third of respondents who provided dates expect to be "Y2K Ready" by December 1998, 73 percent will be ready by June 1999 and all respondents will be ready by December 1999. The oil and gas officials, speaking at a FERC technical conference on the Y2K issue, also noted that they need to reach out more systematically to the electric generation, transmission and distribution industries, as well as with the telecommunications industry, because of the interdependencies between oil and gas and those businesses. The impending date rollover from 1999 to 2000 has prompted concerns that sophisticated computing and telecommunications equipment used throughout the industrial economy will be unable to recognize the "2000" date and will not work. This is known as the "Y2K" problem. In the gas and oil industries, individual companies are working to ensure that does not happen. They are employing a complicated and time-consuming process of identifying and assessing both hardware and software problems, fixing them and then confirming that they are ready for the year 2000 through validation of their repairs. To further ensure smooth operation of their industries, oil and gas officials have coordinated efforts through the American Petroleum Institute and the Natural Gas Council on an array of Y2K remediation activities. These include: sharing information on technical issues, testing and contingency planning; identifying and resolving legal issues, including legislation; and communicating within the industries and with the public on their work. Representatives of API and the Natural Gas Council met with FERC officials today to discuss the progress that their industries have made and the work they are doing to ensure that all industry systems are ready for the date rollover on Jan. 1, 2000. The survey results, which will be tallied quarterly, show that as of September 1998, more than a third of the gas and oil industry respondents, or 36 percent, are in the process of remediation, or fixing, their computer software to accommodate the Y2K date. Another 19 percent are in the process of validating the results of their work. As for the embedded hardware systems that must be corrected, 28 percent of industry respondents say they are assessing the problems while 26 percent of respondents say they are in the process of fixing their systems. Some 14 percent of respondents say they are in the process of validating the results of their work. The gas and oil industry survey respondents covered 66 percent of combined oil and gas consumption. # The Natural Gas Council consists of members of the gas industry's trade associations---the American Gas Association, the Independent Petroleum Association of America, the Interstate Natural Gas Association of America and the Natural Gas Supply Association. The American Petroleum Institute, with approximately 400 member companies, worked with the Association of Oil Pipe Lines, the Gas Processors Association, the National Petrochemical & Refiners Association and the Petroleum Marketers Association of America on the oil segment of the survey. For more information, call Kendra Martin, manager, Electronic Commerce and Information Technology, American Petroleum Institute, at (202) 682-8517, or visit the API web page at api.org api.org American Petroleum Institute Updated: Wednesday, September 23 1998 ------------------------------------------------------------------------ Roleigh Martin ourworld.compuserve.com ( easy to remember alias is: webalias.com ) (A Web Site that focuses on Y2k threat to Utilities, Banks & more!) Subscribe to my email list--visit this page at my web site: myegroup.htm