Gary North's Y2K Links and Forums - Mirror

Summary and Comments

(feel free to mail this page)


Category: 

Introduction

Date: 

1997-06-18 00:00:00

Subject: 

The 1999 Problem: Shutdowns Will Begin Early

  Link:

http://cnnfn.com/digitaljam/9706/17/timebomb/index.htm

Comment: 

The Year 2000 Problem is better known than the Year 1999 Problem. You have less time than you think.

A CNN Financial News report (June 17, 1997) reported that mainframe programmers used a shorthand entry -- 999999 -- to indicate the end of a project. This means that on Sept. 9, 1999, computers so programmed will shut down.

An employee of CMG, a European computer firm, assured the FINANCIAL TIMES that the problem is not difficult to correct. It needs to be recognized.

My view: happy-face estimates must be judged in advance by people whose lives depend on such estimates.

The FINANCIAL TIMES story was posted on:

http://www.ft.com/hippocampus/6d9fe.htm

Link: 

http://cnnfn.com/digitaljam/9706/17/timebomb/index.htm

Return to Category: Introduction

Return to Main Categories

Return to Home Page