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.

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

To: flatsville who wrote (4499)	3/11/1999 3:32:00 PM
From: C.K. Houston	Respond to of 9818

Class Action Against Lucent and AT&T for Sale of Telephone Equipment With Year 2000 Defect biz.yahoo.com NEW YORK, March 10 /PRNewswire/ -- The law firm of Beatie and Osborn LLP has commenced a class action lawsuit on behalf of all individuals or entities who purchased, leased, or acquired in any other way telecommunications equipment sold by Lucent Technologies, Inc. and AT&T Corp. which are not Year 2000 compliant ... Though Lucent and AT&T have known about the Year 2000 problem since the 1980's, they have continued to market non Y2K compliant products and have not disclosed the defect to their customers. Most customers never knew until recently that their equipment had the problem. Lucent and AT&T have told customers that (1) failure to correct the Y2K problem will result in telephone system shut-downs and corrupted data after December 31, 1999; and (2) the Y2K problem can be corrected, in some cases for $8,000 or more per system ...