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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (36401)	11/16/1998 11:23:00 AM
From: Mary Cluney	Read Replies (2) \| Respond to of 132070

Skeeter, >>>if all these billions are spent on code then where will the hardware money come from? <<< You might try asking the Fed Chairman. He has testified to congress that he has contributed to the y2k problem. There are programs that he had written in his earlier years and are still in operation. He further testified that he would have trouble himself (because of the difficulties of those programs) if he had to go back and make those corrections himself. Edward Yardeni at Morgan Grenfell has predicted major economic upheaval because of this problem. Having said this, if this problem does cause financial upheaval, I doubt the powers that be (whoever they are) will not ignore the problem and hope that it will go away (as the Japanese economic planners seem to be doing with their failing banking system). Spending for technology, including for hardware and software, is and will be an economic reality - whether you like it or not. Mary