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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Barry Grossman who wrote (81355)	5/22/1999 10:21:00 PM
From: Tony Viola	Respond to of 186894

Barry, Re: "Japanese Y2K inertia could put fabs as risk, Intel fears" That's been the fear, that, no matter how well you do the compliancy thing re Y2K in your own shop, others in the world wide economy may not, and leave you without raw materials or equipment, etc. We have a program whereby the people most familiar with vendors get to "interview" them for Y2K compliance. If they're not ready, what are they going to do about it, etc. Can they cause a nuisance like problem, a line stoppage, or what, in our company, if they don't fix it? Sounds like Intel is quite proactive in this manner. I didn't realize that so many raw materials for ICs came from Japan, but it makes sense. Brings to mind one of Wilf Corrigan's (LSI chmn, CEO) answers about the Y2K threat at their stockholders meeting a couple of weeks ago. He said there may be a bubble of purchasing by LSI's customers late in the year, as they fear a possible freeze of LSI's operations due to a situation as in this article. I believe these guys: Indeed, Japan was identified last year as one of the nations behind in its Y2K efforts, according to a study by market-research firm Gartner Group (Stamford, Conn.). Gartner Group is a pre-eminent expert about the Y2K problem, and a lot of other aspects of the IT business. I also believe Intel. I wonder if the several companies in this country that specialize in Y2K remedial projects are knocking on the doors of companies over there in Japan, to try to help fix their problems and make some money at the same time. Or, has their economy got them in kind of a 'what can we do' state. Tony