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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (13261)11/11/1998 9:14:00 AM
From: SOROS  Read Replies (2) | Respond to of 13949
 
St. Louis Post-Dispatch - 11/09/98

Bloomberg News BOCA RATON, Fla. U.S. securities companies are leading their European counterparts in preparing for the year
2000 computer bug, largely because European firms are focused on changing to a single currency.

"The euro is really crushing them for resources," said Michael Tiernan, Credit Suisse First Boston Inc.'s vice president of information
technology, at a workshop on the year 2000 problem at the Securities Industry Association's annual meeting in Boca Raton.



To: JDN who wrote (13261)11/12/1998 4:53:00 PM
From: John Mansfield  Read Replies (1) | Respond to of 13949
 
from de.alt.jahr2000 (German Y2k newsgroup; yes they do exist in other countries ;-))

From:
Hans Brinkers <vdwoude@cistron.nl>
11:32

Subject:
Niederlande: Herr Gates, Hilfe bitte...

Dutch Government asks Microsoft to tackle Y2K bug
by Mike Ackermans - De Volkskrant

THE HAGUE, 11-12-1998 --The national government
will start negotiations with the American software giant
Microsoft to find a solution for the millennium bug, the
error in software and computers that may cause problems
after january 1st, 2000. It's the first time the national
government, speaking for almost all Ministries, will
address an individual software supplier on the bug.
Later on during the discussions with Microsoft the
matter of of liability for costs and damages will be
raised, according to people involved.

During a first meeting Microsoft's representatives
showed a 'very cooperative' attitude.
De discussions with Microsoft will be lead by a
special working group of the Ministry of Traffic
and Public Works, according to a yet undisclosed
report of that Department.
That Ministry itself claims to be quite advanced in
the fight against the bug, in which it earlier on had
contact with Microsoft's branch in the Netherlands.

Following suite the central Y2K organization, the
so called Millennium Platform (http://www.mp2000.nl)
asked the working group mentioned before to start
negotiations for all Ministries. Nevertheless some
Ministries still consider separatie discussions with
the Amerivan software producer.
Microsoft supplies companies and individuals with
software like Windows and special programs like
wordprocessing, spreadsheets and databases.
The company, owned by the well known business
tycoon Bill Gates, always has wholeheartedly
admitted that parts of its software is not millennium
proof. Afflicted sofware includes some versions of
Win95 and WinNT and parts of the Office Suite.
Microsoft supports solutions by offering 'repair
sets', predominantly though the internet. This is
problematic since these have to be installed on
individual computers. This would be a tedious and
very costly job for the Ministries, which are now
in the process of finding out the number of 'objects'
and remediation costs involved.

During a discussion in the Dutch Parliament several
members summoned the government to issue a law
forcing industry to disclose information on their
preparedness. According to Minister Borst of the
Health Department hospitals consider a partial
closure during the first weeks of 2000, as a means
of limiting risks from non functional devices.