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

To: flatsville who wrote (4836)	3/19/1999 6:01:00 PM
From: C.K. Houston	Read Replies (1) \| Respond to of 9818

flattsville, I know you already know about US now spending $6.8 billion for Y2K fix. I just like the way progression of escalating costs were handled in this article. ============================================================== The Federal government announced in their quarterly Y2K report that they expect the price tag for their Y2K fixes to be US $6.8 billion. That's an increase of US $400 million since their last quarterly report ... Which in turn was an increase of US $1 billion over their August '98 report ... Which was an increase of US $400 million over their May report. The report cited systems that had been thought fixed, but actually needed additional repairs, as the source of the increase. "To the extent that agencies encounter additional difficulties through testing ... costs are likely to rise," the report said. y2ktoday.com [I wonder how much the NEXT increase will be.] Anyone remember what the starting budget was in '97? I remember many of us laughed about it back then. Cheryl

To: flatsville who wrote (4836)	3/19/1999 6:10:00 PM
From: C.K. Houston	Respond to of 9818

This week I was complaining to my wife Libby that I didn't know what "local" meant in public statements such as, "expect Y2K effects to be localized." The next day she called 1-888-USA-4Y2K and asked for the "official" U.S. government definition of localized within the electric utility. *She got an answer -- localized means ... one state at a time. Regional means an area like the Northeast.* Gee, I would guess that most people would assume that localized would mean one neighborhood, not a whole state. Of course big states like Texas and Alaska probably think of small ones like Rhode Island as just neighborhoods. This week's report from the Senate committee appears to use a different definition of local. That's one reason why I really hate the use of undefinable quantitative (adjectives) in public debate, such as local or many or most. Such words degrade the quality of debate because you can never be sure how the other person is defining the adjective. It's almost as bad as those infamous words "sex" and "is." DICK MILLS y2ktimebomb.com LOCAL = STATE So.... we can then assume that the maximum local outages will be 50.... numbers aren't so bad then. -- (cannot-say@this.time), March 16, 1999. greenspun.com Cheryl