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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: flatsville who wrote (3710)	2/6/1999 12:13:00 PM
From: C.K. Houston	Respond to of 9818

Testimony this coming Thursday (Feb 11) should be interesting. AG. SECRETARY GLICKMAN, EXECUTIVES FROM KRAFT, NESTLE TO TESTIFY AT Y2K HEARING WASHINGTON, DC (JANUARY 26) — U.S. Senator Robert F. Bennett (R-Utah) today announced that two upcoming hearings of the Senate Special Committee on the Year 2000 Technology Problem will explore food industry safeguards against the Y2K computer glitch, a software and hardware problem that threatens the nation's system of agriculture producers, processors, wholesalers, distributors, shippers and retailers. Among those scheduled to testify are executives from food processing and retailing giants Kroger Inc., Kraft, Nestle, Cargill Inc. and Supervalu. "Americans need to know if we will face empty shelves at the grocery store on January 1, 2000," said Bennett, who chairs the committee. "We take for granted that a head of lettuce grown in California can be on a New York dinner table in 72 hours. Without daily shipments, most cities have two or three days worth of food available through local distribution. It is vital that we know what plans the industry has to keep the shelves stocked." Details on the hearings are as follows: ====================================================== HEARING 1: Friday, February 5th 8:30 AM Room 192 Dirksen Senate Office Building WITNESSES: Senator Richard G. Lugar (R-Ind.)- Chairman U.S. Senate Committee on Agriculture, Nutrition and Forestry The Honorable Daniel R. Glickman - Secretary U.S. Department of Agriculture Tyrone K. Thayer - Corporate VP & President of Cargill Foods Cargill Inc. Allen Dickason - CIO Suiza Foods Corporation Mr. Ken Evans - President Arizona Farm Bureau ====================================================== HEARING 2: Thursday, February 11 8:30 AM Room 192 Dirksen Senate Office Building WITNESSES: Mr. Timothy M. Hammonds - President and CEO Food Marketing Institute Mr. Mike Wright - Chairman, President, and CEO SUPERVALU INC. Mr. Michael S. Heschel - Executive V.P., Information Systems & Services The Kroger Co. Manly Molpus - President and CEO Grocery Manufacturers of America James R. Kinney - Senior Vice President, Information Services Kraft Food Inc. Ron Baker - Senior Vice President, Logistics Nestle USA CONTACT: Don Meyer (202) 224-5224 don_meyer@y2k.senate.gov senate.gov

To: flatsville who wrote (3710)	2/6/1999 12:52:00 PM
From: O. H. Rundell	Read Replies (1) \| Respond to of 9818

flatsville, I note that you're prone to "cold chills" from time to time -- probably most frequently when considering those "pesky interdependencies". Perhaps the following quote from Tom Bridis' (AP) write up of the senate hearings will give you that warm fuzzy feeling: "[Glickman] promised his agency would work with the Federal Emergency Management Agency to distribute food if there were shortages." Just think, DoA and FEMA working together become food distributors (and processors, too, I suppose) for the greater good. Got that feeling yet.....? O. H.