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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (13643)	2/4/1999 3:30:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 13949

Today we find out how Y2K compliant the travel industry is, and tomorrow it's the hotel industry... Y2K Test for Air Ticket Booking Today's the Day You Can Book Flights N E W Y O R K, Feb. 4 — After working for a half decade and spending of billions of dollars, the world travel industry will find out today if the big airline reservations systems on which it depends are ready for the year 2000. Flight-booking systems are able to work either 330 or 331 days in advance, meaning that today is the first day that customers can buy tickets for flights departing on Jan. 1, 2000, a date that could be mistaken for Jan. 1, 1900, if the industry's efforts prove ineffective. That could spell chaos. “Everyone has been talking about Jan. 1 as a key date but it's Feb. 4 for us,” said Ronnie Hauptman, Galileo International Inc.'s Year 2000 director. More than 100,000 travel agencies that book around 80 percent of all flights depend on systems operated by just a handful of computer reservation system (CRS) companies. <snip> Indicator of Demand She expects today to give the industry a good idea of how heavy demand will be in the first days of 2000, amid concerns by some that the computer bug could cause service disruptions or even accidents. That may discourage people from travelling. To be sure, the travel industry will still face some key Y2K tests after today. While airlines and car rental companies take their first bookings today, hotels handle their first reservations for the year 2000 on Friday. <snip> abcnews.go.com - Jeff