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To: Probity who wrote (9456)	1/18/1999 10:16:00 AM
From: MACA	Respond to of 10786

European Insurers' Fears Over Millennium Bug Rise, Paper Says London, Jan. 18 (Bloomberg) -- European insurers have asked auditors for statements assessing their vulnerability to the millennium bug as industry tries to limit financial damage in the year 2000, the Guardian newspaper reported, citing unnamed insurance executives. Insurers fear there is insufficient underwriting capacity to deal with potential computer-related problems, as almost any claims will be contested in court. ''It will be the biggest jamboree lawyers have ever seen,'' said one executive. As of Dec. 15, U.S. insurers spent $6.58 billion to fix computers that might otherwise crash at the turn of the century because of outmoded programming, the insurance rating agency A.M. Best Co. said in its BestWeek newsletter. (The Guardian 1/18, p 18; www.guardian.co.uk)

To: Probity who wrote (9456)	1/18/1999 11:44:00 AM
From: MACA	Read Replies (2) \| Respond to of 10786

U.S. Officials to Help Russia Overcome Year 2000 Problems Moscow, Jan. 18 (Bloomberg) -- U.S. Pentagon officials will advise Russian officials in February on preparing the government's computer systems to overcome problems associated with the millennium bug, Russian news agency Interfax reported, citing an unnamed source. U.S. officials will advise the government on solving year 2000 computer problems within the military. The U.S. military has recently carried out practice missile firing as part of security checks to prepare computers for the millennium, the agency said. Russia plans to increase defense spending to 3.5 percent of gross domestic product, up from 3.1 percent originally set in the draft 1999 budget. (Interfax 1/18 www.interfax-news.com) Hi Kevin, is this a joke or what?. Did you read the January issue of Scientific American where it just happened to mention how great our gov. is doing towards fixing their Y2K problem. READY... Social Security 93% as of Aug. '98, estimated 99% March '99. Federal Emergency Management Agency 69% as of Aug '98, estimated 82% March '99. Department of Treasury 45% as of Aug. '98, estimated 61% March '99. Department of Defense 42% as of Aug. '98, estimated 54% March '99. Department of Justice 31% as of Aug. '98, estimated 31% March '99, a bigger joke ESTIMATED YEAR WHEN ALL SYSTEMS ARE FIXED FOR THE DEPT. OF JUSTICE 2030 PLUS. NASA 63% as of Aug. '98, estimated 74% March '99. The best part of the 6 page article on page 90 it has a picture of an Alydaar programmer working at his station saying how more than 250 technical staff of cotractors Alydaar Software fix millions of lines of code each month. Much of this work is for Fortune 500 companies.

To: Probity who wrote (9456)	1/19/1999 5:10:00 AM
From: JDN	Respond to of 10786

Dear Probity: The only thing I can see going on DOWN THERE is we are likely getting F---ed!! If they cant have an improving quarter, NO EXCUSES, in the HEIGHT of the Y2K fix it phase then these guys are just a bunch of LOSERS. I am REALLY DISGUSTED. This company has been mismanaged from the git go IMHO. Far as I know they have a wonderful product, signed up a bunch of wonderful clients yet they cant convert that into wonderful success. The key word is EXECUTION. ALYD lacks it, IMHO. Someone tell me I am wrong?? JDN