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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: VivB who wrote (22836)1/28/1999 9:58:00 AM
From: MeDroogies  Read Replies (2) | Respond to of 213173
 
I am fully aware of the Wintel issues. I am also aware of the problems that lots of companies and consumers have run into. However, the problems seem to be of 2 types: non-impairing, but buggy....or the system just doesn't work at all.
Also, there is a 3rd type...where nothing is wrong at all.

I don't think it's the deadly problem it is being made out to be. Problematic, yes. But not nearly to the level that it is made out to be. It seems the loudest doomsayers are those involved in Y2K remediation, and they're the ones getting the money to fix the problem...so it's a self-fulfilling prophecy.
Still, I would rather have an AAPL in the end.



To: VivB who wrote (22836)1/28/1999 11:32:00 AM
From: Alomex  Read Replies (2) | Respond to of 213173
 
OT

The scope of this problem is huge. Now, imagine you are a new computer user. Wouldn't you rather start out with a system that has been Y2K compliant for years like Apple?

I've been following this problem since 1995. Initially my guesstimate in costs was anywhere between 1 billion dollars and the end of civilization, which made the problem all the more maddening.

With time, the expected range of the magnitude of the problem has narrowed significantly. The cost is now pegged in fixing and code updating costs alone at nearly $100 billion. This money is not entirely wasted, as a lot of the code/equipment updates were needed anyhow.

The upper limit has also come down significantly. Firstly, it has been pointed out that major disruptions in services during the bombing of Baghdad, the 1998 blackout in Montreal that lasted two-three weeks and the earthquake of Mexico City in 1985 had a small long term impact on the conditions of civilization.

Also the amount of awareness on the issue has increased substantially which also reduces potential impact. Therefore, barring a nuclear accident, the cost now is estimated, in the worst case to be below 1 trillion dollars.