SI
SI
discoversearch

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 : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brew who wrote (26640)1/14/1999 7:51:00 PM
From: Captain Jack  Respond to of 31646
 
Larry--- YOU are another one. Wait a very little while.

Too many HDIE investors here crying in their champagne! Have you not made enough today or all week (or past 3 weeks) in HDIE that you can wait on this one to change directions. EPS will be out--- it will rise and you can buy more HDIE! Smile and be patient!



To: Larry Brew who wrote (26640)1/14/1999 10:07:00 PM
From: Captain Jack  Respond to of 31646
 
This is the kind of thing to start the frenzy;

WASHINGTON, Jan 14 (Reuters) - The U.S. military is 100
percent ready to fight any Year 2000 computer problems that may
arise but fears nuclear power Russia is not as well prepared, a top
Pentagon official said on Thursday.

In an upbeat briefing about the Pentagon's preparedness for any Y2K computer glitches, Deputy
Defense Secretary John Hamre was also confident other crucial U.S. sectors, such as banking,
telecommunications and power grids would be ready.

Allaying fears of missiles being fired without warning or planes crashing due to computer glitches,
Hamre said 1,673 out of the military's 2,300 ''mission-critical'' systems had been fixed and all of them
would be ready by midnight on Dec. 31.

''The Department of Defense will be able to protect the people of the United States and its allies in 351
days and 12 hours. There is not a question about that,'' said Hamre, pointing to a digital clock counting
down to 2000. ''We will be 100 percent ready by the end of the year.''

Mission critical systems range from early warning systems and nuclear command and control to
individual weapons that are heavily reliant on computers for direction.

The so-called Y2K problem is the inability of many computers to interpret correctly the century that
dawns at the end of this year. This hitch stems from the past practice of expressing years in two-digit
shorthand. As a result many computers will read 2000 as 1900.

''We don't know what problems might occur, but we think they will be modest because the bulk of the
country seems to be doing what we are doing -- really getting on top of this problem,'' said Hamre.

Hamre voiced some concern Russia was not as active in tackling the Y2K problem as the United
States, especially for early warning systems, adding that a delegation was going to Russia next week to
discuss working together on the issue.

''My sense is that Russia is not as fully aware of the extent that this is a problem. They don't seem to
have the same level of urgency that we have over it. But we are comfortable they will retain positive
control over their nuclear inventory,'' said Hamre.

''We are not anxious there are going to be accidental occurrences as a result of Y2K for nuclear
command and control systems. But we want to have the least amount of uncertainty,'' he said.

The early warning systems rely heavily on computers to mesh data from satellites, radars and other
sensors and are used by Russia and the United States to monitor impending threats such as missile
launches or unidentified aircraft.

Hamre said the private sector in the United States was well prepared for next year and he was
impressed by work that had been done in areas such as telecommunications and energy.

''We have a lot of insight into what is going on in the private sector and we are really very confident
that we are not going to have the wide-scale disruption that some people had been forecasting,'' he
said.

Lt. Col. Warren Patterson, assigned to the military's Y2K Task Force, was involved in a series of tests
over three days last month to check Year 2000 compliance of an early warning detection system.

During that period, over 30 simulated missile tests were conducted and the systems involved coped
with those successfully from beginning to end, said Patterson.

Hamre said Defense Secretary William Cohen had motivated his staff to find a solution to the Year
2000 computer problem by describing it as a ''war-fighting'' issue.

"Rarely (in war) do you know the time, the place and the date precisely when the enemy will attack.
But we do know in this case and it is at midnight on the 31st of December.

''He (Cohen) said...it is not just a computer geek issue and I am holding you responsible for it,'' said
Hamre.