Make your own free website on
Recommended Resources Offshore havens, asset protection, global investing and other useful techniques.
The Year 2000 Bookshelf Books to help your evaluate the Y2K problems you face.

Gary North's Y2K Links and Forums - Mirror

Summary and Comments

(feel free to mail this page)




1997-12-29 17:16:23


20% of the Largest US Companies have a Y2K Project



Here is true optimism. Some 20% of the largest US companies have a y2k repair project, but over 85% of US companies expect to have half of their systems ready to test by late 1998.

This story appeared in COMPUTERWORLD (Dec. 18).

On the allocation of resources necessary to complete a y2k repair project, see the California White Paper.

* * * * * * *

Here's a leap of faith: Only 20% of America's biggest companies have devised a full-fledged year 2000 strategy. Yet 87% of those polled in a new survey expect to have more than half their systems fixed by the end of next year. . . .

The survey uncovered disturbing news about corporate progress with the millennium bug, as 82% of companies admit they underestimated the costs to fix the problem. Meanwhile, 95% said finding new staff to work on the problem has been "difficult or impossible."


Return to Category: Too_Late

Return to Main Categories

Return to Home Page