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

To: Investor-ex! who wrote (2920)	12/10/1998 3:41:00 PM
From: Investor-ex!	Read Replies (1) \| Respond to of 9818

Capers Jones has a table of failure probabilities based on software metrics: Table 3: Year 2000 Damage Probabilities Assuming Latent Date Problems Probability of Year 2000 Problem Occurrence ----------------- ---------- Bad credit reports due to year 2000 errors 70% Cancellation of year 2000 liability insurance 60% Loss of local electric power (> 1 day) 55% Litigation against corporate officers 55% Loss of regional electric power (> 1 day) 40% Loss of international telephone services 35% Errors in 2000 tax reporting (1099 forms) 35% Errors with social security payments 35% Errors in first January paycheck 30% Errors or delays in tax refunds 30% Delays or cancellations of airline flights 25% Loss of local telephone services 20% Errors with motor vehicle records 20% Medical or hospital billing errors 20% Manufacturing shut-downs (> 1 day) 20% Process control shut-downs (> 1 day) 20% Reduction in stock values 20% Errors in 2000 tax reporting (W2 forms) 15% Errors in bank account balances 15% Disruption of stock market trading 15% Shut-down of pharmaceutical manufacturing 15% Errors in hotel/motel reservations 12% Delays or cancellations of shipping 10% Errors in prescription dates 10% Delays in UPS, FedEx deliveries 10% Delays or cancellations of rail shipments 10% Urban bankruptcy due to year 2000 7% Water shortages/rationing 7% Corporate bankruptcy due to year 2000 5% Food shortages/rationing 3% Escheatment of bank accounts 2% Death or injuries due to year 2000 1% Source: year2000.com