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

To: Ken Salaets who wrote (2991)	12/22/1998 2:59:00 PM
From: John Mansfield	Respond to of 9818

Egan - F500 update 'From: Robert Egan <egan263@nospam_allowed.ix.netcom.com> 0:59 Subject: Fortune 500 - Update at +30 days A month has eleapsed since the Fortune 500 survey. During that month some companies have slipped, some have finished early, some have added dates and a few have removed dates. For those of you who missed the survey last time around, it deals with anticipated remediation of internal systems, both IT and embeddeds. It does not cover testing, which is assumed to continue right up until 12/31/99 for all companies. The data is extracted from the SEC 10K/10Q disclosure reports available at the yahoo or edgar sites. The entire list is at flybyday.com although it will probably not be updated until this weekend. Here is the summary: Announcing completion: #120 May Department Stores #135 McDonalds #167 The Limited #245 Venatar (was Woolworths) #367 Consolidated Stores Joining Chevron [will miss 12/31/99]: #338 Nash Finch #491 US Office Products Actually "moved up" their dates: # 70 AMR 98/12/31 (was 99/03/31) #251 TransAmerica 99/03/31 (was 99/06/30) #377 Inacom 99/03/31 (was 99/06/30) Slipped their dates: # 4 WalMart 99/03/31 (was 98/12/31) # 9 Phillip Morris 99/09/30 (was 99/06/30) # 62 MCI Communications 99/06/30 (was 99/03/31) # 74 JP Morgan 99/06/30 (was 98/12/31) # 75 UAL 99/06/30 (was 99/04/30) # 86 Fleming 99/06/30 (was 99/03/31) #177 Halliburton 99/09/30 (was 99/06/30) #197 Humana 99/03/31 (was 98/12/31) #262 Gateway 2000 99/09/30 (was 99/06/30) Giving dates for the first time: # 44 Home Depot 99/06/30 # 51 Walt Disney 99/07/31 # 57 Enron 99/09/30 # 65 American Stores 99/06/30 # 73 American Express 98/12/31 # 78 Bristol-Meyers 99/06/30 # 79 Ingram Micro 99/06/30 # 97 Fluor 98/12/31 # 98 American Home Prod 99/06/30 #103 Viacom 99/06/30 #111 Tosco 99/06/30 #125 Dell Computer 98/12/31 #143 Toys 'R Us 99/03/31 #159 CBS 99/12/31 #178 ITT Industries 99/03/31 #188 Burlington Northern 99/06/30 #189 General Re 98/12/31 #208 TJX 99/06/30 #224 Tech Data 99/11/30 #263 St Paul Companies 99/03/31 #276 AMP 99/03/31 #290 Avnet 99/06/30 #316 Nordstrom 99/03/31 #360 Barnett Banks 99/09/30 #372 Niagra Mohawk 99/12/31 #386 Office Max 99/06/30 #392 Supermarket General 99/08/31 #420 Rich Food Holdings 99/06/30 #476 Longs Drug Stores 99/03/31 #496 Barnes and Noble 99/09/30 Removed their dates [why?]: #259 Tyson foods (was 98/12/31) #447 Corporate Express (was 99/01/31) #472 Westvaco (was 99/06/30) The rest remained unchanged. Regards Robert Egan

To: Ken Salaets who wrote (2991)	12/22/1998 3:05:00 PM
From: John Mansfield	Read Replies (2) \| Respond to of 9818

=== Developing Countries in Sad Shape === 'From: news53@aol.com (News53) 7:06 Subject: === Developing Countries in Sad Shape === =================================================== Cutter Consortium's Ed Yourdon on UN Year 2000 Meeting: Developing Countries in Sad Shape ARLINGTON, Mass., Dec. 17 /PRNewswire/ -- The following statement is being issued by Cutter Consortium: ''Watching the UN Year 2000 meeting, it was sobering to see how many countries found it necessary to repeatedly appeal for financial assistance and computer experts to help them with what they euphemistically referred to as a 'late start' in their Y2000 efforts. The developing nations, in particular, were repeatedly urged to apply to the World Bank for assistance; but to illustrate the dimension of the problem, several of the countries needed financial assistance to pay for the plane fares to send two of their delegates to the conference!'' These comments are from Cutter Consortium Chairman and Year 2000 Expert Ed Yourdon. Mr. Yourdon attended the December 11 United Nations meeting, which focused on year 2000. Delegates from over 120 countries gathered in New York City to spend a day discussing their respective plans, progress, and concerns about the Y2000 problem. Consortium Senior Consultants Howard Rubin and Peter de Jager were also in attendance. Dr. Rubin prepared the Global Briefing Summary for the National Coordinators. Yourdon continues, ''The fact that such a meeting could take place at all, and that so many countries attended on relatively short notice, is a remarkable testament to the growing significance of the Y2000 problem; as UN Secretary General Kofi Annan put it in his address, 'tackling the Y2000 bug is the largest and most complex project undertaken in the history of computing.' Of course, if there was to be any realistic hope of repairing most of the world's computers in time, the conference should have been held four or five years ago.'' ''Why should any of this matter to the typical private-sector, profit- oriented organization? Primarily because, as Year 2000 Czar John Koskinen pointed out in his opening speech in the morning, 'one country's problem is a problem for all of us.' '' ''The financial and political disruptions in Asia, Russia, and South America during the past year have certainly emphasized that point, and it was all the more obvious after a day's discussions with these UN delegates that Y2000 will create a global ripple effect like nothing we've ever seen before. And that should be particularly evident to the multinational companies, which include a hefty portion of the Fortune 500 companies in the US, whose American CIOs are fond of bragging that their companies are operating in 50 or 100 countries, in which departments and subsidiaries are connected together via SAP, the Web, EDI, and Microsoft Mail; and yet these CIOs seem oblivious to the possibility that a serious national Y2000 disruption in France or Brazil or Botswana could have a devastating impact on their company's profitability.'' ===================================================