Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (27812)	2/6/1999 6:42:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116837

Thanks John, I agree with you but wonder if companies that have to integrate with their supplies have setup subroutines in their systems to handle flawed date fields from suppliers..it is just adding some more coding at critical areas..for testing.. I wonder if you have found how many companies in Asia have the year200 bug because I bet many of their systems were written in the eighties or later..and the need to save core i don't think was an issue then.. also it might be a boon(sp?) with all their bad debts to get rid of them through software glitches.. (I heard something really funny and I don't know if it is true or not but the Japanese stored most of their financial backups in one area near toyoko so if they were to have a major earthquake in that area..that would be a lot more of a shakeup than the year200

To: John Hunt who wrote (27812)	2/6/1999 5:32:00 PM
From: long-gone	Read Replies (3) \| Respond to of 116837

<<I think the Y2K problem is somewhere between a major inconvenience and a disaster. The best forecasts seem to indicate that 10-15 % of companies will not be ready by Jan 1, 2000, and I think many of them will cease to exist.>> Look at it this way, if we can have $100K+ in property damage in downtown Denver due to Superbowl (win)partying, rioting, and looting how many problems could exist if 25% suspect they could get away with anything & if they see even the smallest failures? Some areas will have almost no problems, others - the problems will never end! just 50+% of the people taking out at least 50% of their money will cause an M-1 problem. Most people won't put "all" the money back in - no matter what they intend or what the level of problems. We have(as a nation) little-no discipline. then figure some other countries (or internal big-time baddies) think they could get by with major evil.

To: John Hunt who wrote (27812)	2/7/1999 4:41:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 116837

Mid-Feb time bomb ticking at Japan banks << A mid-February time bomb is ticking away for Japan's bad loan-burdened banks, once the epitome of strength and stability in this savings-oriented nation. Banks seeking funds under the government's rehabilitation scheme now face a February 15 deadline for submitting to hard-line regulators their pledges of sweeping restructuring --- including cuts in salaries and staff, asset sales, withdrawals from overseas operations and, in some cases, mergers. -- cont'd -- >> biz.yahoo.com