Recommended Resources
Cyberhaven.com 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)


Category: 

Too_Late

Date: 

1997-10-25 16:54:47

Subject: 

Europe's Top 100 Firms: Not One Is Compliant

  Link:

http://www.nando.net/newsroom/ntn/info/102297/info16_27447_noframes.html

Comment: 

Time is running out. By now, we should have one example of one large firm that is Year 2000-compliant. We don't have one. Shouldn't there be at least one compliant firm? Somewhere? But for asking this, I'm dismissed as a doomsayer.

And I am.

* * * * * * * * *

"The magnitude of the task still at hand and the short time to complete it cannot be overestimated," said Richard Kramer, author of the study made for the U.S. investment bank, Goldman Sachs.

The study found that just 43 out of the 100 biggest European companies had so far conducted a detailed investigation of the implications that the date change could have on their computer systems. Not one said that its software could handle the date change.

Link: 

http://www.nando.net/newsroom/ntn/info/102297/info16_27447_noframes.html

Return to Category: Too_Late

Return to Main Categories

Return to Home Page