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Y2K Report

Date Submitted: 07/17/2004 08:37:13
Length: 6 pages (1608 words)
Views: 59658

Y2K Report In the 1970's and 1980's programmers wrote software that represented years with only two digits rather than four. It was done to conserve memory. Unfortunately these programs interpret the year 2000 as 1900. There is no "silver bullet" to solve this problem in time for the year 2000. There has been a growing concern in Washington, and the Securities and Exchange Commission is urging companies to report the effects of the year 2000 on its earnings. …

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…K is only months away. Are we prepared? Peter G.W. Keen wrote in Computer World: The problem is far worse than even the pessimists believe Gartner Group's much-cited figure of $600 billion to fix it is misleading. If God or Bill Gates wrote out a check for the full amount, not much would change. The year 2000 problem is a people-and -time issue, not just a financial one. You can't buy the time at any price.

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