Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Y2K (Year 2000) Personal Contingency Planning -- Ignore unavailable to you. Want to Upgrade?

To: J.L. Turner who wrote (602)	12/12/1998 5:11:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 888

<< John, I have been thinking about residual failure rates.Infomagic in Cory's WRP103 painted a scenario wherein even a 1% rate; do to cascading events results in society being toast.Residual failure was estimated by Infomagic to be 7% under average circumstances.While I believe in the existence of residual failure I do not have a feel for the actual occurance rate.Do you have any numbers independent of Infomagic and Cory Hamasaki? Jeff >> Jeff, there are simply NO reliable estimates on that level. E.g. the famous and often quoted $600 billion for remediation from Gartner group (quoted for the first time early 1997 of even before; don't recall exactly) was an estimate mainly for IT remediation costs; not for embeddeds; not litigation etc. Also, it was based on lots of assumptions. Same goes for residual errors. I am not buying Infomagic's view b.t.w. Regards, John