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


To: jwk who wrote (3060)12/27/1998 8:05:00 PM
From: Ken Salaets  Respond to of 9818
 
That's Koskinen, not Coscan, but his name has been spelled in more distorted fashion than that, and the intent wasn't pretty. ggg.

As for those who jump on here every now and then to save us from our concern and pessimism (not you, JWK - ggg), thanks but no thanks. I, too, hope to hell that you are right, but the global intellect that is stacking up on the other side of the ledger should tell you something. [Of course, if you are self-proclaimed gurus like BW, you no doubt assume that it means you are among the enlightened few!].

I work for the IT industry, and have the privilege of working hand-in-hand with some of the most technologically-advanced companies in the history of the world, literally. I can assure you, they are taking this issue deadly seriously, and it's not because they have nothing better to do with their time and resources.

In the last two weeks, I have started getting calls from member companies outside of the realm of the usual hot issues, e.g., liability legislation, etc. The focus has been on domestic and global infrastructure, primarily power (electricity) and the Y2K status of major shipping ports. In other words, contingency planning. They are already cutting off suppliers that can't or won't reveal their Y2K status. Crunch time has arrived, a full year in advance of the critical transition. Clearly, the focus is shifting, and in rather dramatic fashion.

Ken