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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud -- Ignore unavailable to you. Want to Upgrade?


To: Cheeky Kid who wrote (1207)2/28/1999 9:44:00 AM
From: Edwarda  Respond to of 1361
 
2000 years ago, on the evening of December 24, a Palestinian merchant goes in to a store in downtown Bethlehem. There on a shelf he sees a really nice abacus, the latest model including floating bead arithmetic. He mentions to the shop assistant what a nice abacus it is and the assistant replies “Yeah, it's good value too. I can let you have it for just 20 shekels.”

After some haggling the merchant beats down the price to 15 shekels, hands over the money and leaves the store delighted with his purchase. He glances up in to the night sky and, with alarm, notices a large bright star twinkling over the city. Panic stricken, he turns on his heel and rushes back in to the store. There he demands of the surprised assistant, “Hey...Is this thing BC/AD compliant ?” .....



To: Cheeky Kid who wrote (1207)3/19/1999 2:47:00 AM
From: Contra Guy  Read Replies (1) | Respond to of 1361
 
Follow up: "Lee Commission: County won't pay bill for Y2K advice"
naplesnews.com

One of the questions that gets asked from time to time on this thread is, how can the Y2K computer problem be both "real" and a "hoax". This story illustrates this dichotomy very succinctly. A small team of competent software professionals fix a maintenance issue in a large system in 4 months at a cost of $700,000. That's reality.

A group of consultants estimate the same job will cost $14 million dollars, and an "expert" earning $590/hour thinks it's a fair deal. Scam, Hype, Hoax, Fraud … yup, that sounds about right.

The sad part is this type of gouging is all too prevalent, and heroes like Ken Wilkinson, are all too rare.