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Technology Stocks : Y2k Denial on SI -- Ignore unavailable to you. Want to Upgrade?


To: firstman who wrote (125)12/23/1998 4:22:00 PM
From: Joseph E. McIsaac  Read Replies (1) | Respond to of 151
 
<<If you still do not agree, then so be it.........we shall know soon enough.>>

Yes, I don't agree so I'm going to respond a little. As to the disruptions that you cite, some quickie responses:

<<How will they manage to continue to grow when they have no way to get it to the people?>>

Trains and trucks have basically no date dependency for their operation. Some argue about switches and the abilities to override them manually. But certainly those 18 wheelers will continue to roll. The train companies say that the system can be operated manually, but what do they know -- everyone is part of a Y2K conspiracy, right?

<<And the people have no way to pay?>>

They can use their checks, credit cards, debit cards or cash just as they do now. Why can't they?? You should know that my firm helps hundreds of banks deal with Y2K, so I am prepared to bring maximum documentation, first-hand experience, and fact to this discussion. Or you can cite some North links or discuss Yourdan's "Ten Years without Banks" chapter (an utter joke).

<<No ... no financial transactions, little or no communications, the only food to be had will be from backyard farms (IMO).>>

Why won't there be any financial transactions? You know that every bank is executing a Y2K program and that the supervisory agencies require proof of validation and complete contingency plans, even for lack of power and telecommunications, correct? Why will these plans fail?

<<In my opinion, a couple of months into the new millennium people will be eating their pets.>>

Until you explain how plants suddenly stop growing and trucks stop rolling, I think fido and kitty beast are safe for now.