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WILL YOU DO Y2K OK?  (Jan. E-News from 2SS.Com)

 

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‘     [][][][][][][][][][][][][][][][][][][][][][]     ‘

‘     E – N E W S from    ‘

‘     2SS.Com     ‘

‘      Compiled and Edited by      ‘

‘                                             [email protected]     ‘

‘      Mailed on: 01/01/1999 8:17 PM                   Number 6   ‘

‘     Int’l Standard Serial No. - ISSN00751 (applied for)    ‘

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‘     In this issue (4 Items):     ‘

‘     ================     ‘

‘     1--WILL YOU DO Y2K OK?    ‘

‘     2--QUESTIONS     ‘

‘     3--FIVE STRATEGIC / USEFUL LINKS    ‘

‘     4--WHY SUBSCRIBE?, 2SS.Com and YOUR    ‘

‘         SUBSCRIPTION.     ‘

 

‘     [][][][][][][][][][][][][][][][][][][][][][]     ‘

‘     --------------Item One-----------     ‘

 

‘     WILL YOU DO Y2K OK?     ‘

‘     ===================     ‘

‘     There is a lot of talk about the Y2K (e.g. Year      ‘

‘     2,000) issue and the range of issues from note-     ‘

‘     worthy interest to ‘Big Threat’ that it creates for      ‘

‘     every computer user who followed the first pro-     ‘

‘     grammar that rightfully (at the time) valued      ‘

‘     computer resources more than a 4-digit year.  In      ‘

‘     Dec 1998 we’re too close not to be interested and    ‘

‘     too ‘technology-savvy’ to believe there’s no      ‘

‘     impact.       ‘

 

 

‘     2SS.Com has a rather extensive E-Mail news      ‘

‘     clipping-file (Write us for an article on starting      ‘

‘     a clipping-file of you own) running back to late      ‘

‘     1995.  In fact a search for on the phrase     ‘

‘     “2000, Y2K” generated 1,060 citings including     ‘

‘     a few (like Microsoft’s new ‘Windows 2000’)     ‘

‘     that have nothing to do with the Y2K issue.       ‘

‘     Hoping to narrow down the list we went looking     ‘

‘     for just ‘Y2K’ alone and still found over 450 items      ‘

‘     dating back to:

 

‘     *  10/11/96  Is MSN = MONEY SQUAN-     ‘

‘                         DERED NEEDLESSLY?     ‘

‘     Jesse Berst explains why the just re-launched     ‘

‘     online service will squander a half-billion dollars     ‘

‘     trying to get the Web ready for the year 2000.     ‘

 

‘      - and -     ‘

 

‘     *  07/21/97  VARBusiness Insider--YEAR 2000:      ‘

‘                         THE COUNT IS ON     ‘

‘     Which went on to ask…”Are you involved in      ‘

‘     Year 2000 conversion work yet? Perhaps you’ve      ‘

‘     heard that it’s mostly a dilemma affecting     ‘

‘     accounting…”

 

‘     As long as a year ago we noted articles on     ‘

‘     progress being made like this one from      ‘

‘        “InformationWeek Daily 12/17/97     ‘

‘        Government Accelerates Y2K Push     ‘

‘        U.S. government agencies are making      ‘

‘        progress with their year 2000 code conversion,     ‘

‘        but the government is moving up a number of     ‘

‘        target dates in order to get the massive job      ‘

‘        done on time, according to a report issued      ‘

‘        yesterday by the Office of Management and      ‘

‘        Budget.     ‘

 

‘        The OMB report found that 27% of 8,589      ‘

‘        critical systems are now year 2000 compliant,     ‘

‘        compared with 19% in the previous quarter.       ‘

‘        Total costs, however, increased to $3.9 billion      ‘

‘         from last quarter’s estimate of $3.8 billion.     ‘

‘        Nearly all-federal agencies have completed      ‘

         year 2000 assessments…”      ‘

 

‘     So for the Government, and at major US      ‘

‘     companies, the Y2K issue has generally been      ‘

‘     taken seriously for some time.  At 2SS.Com our     ‘

‘     assessment is that a combination of recognition     ‘

‘     and ingenuity will bring a level of attention that      ‘

‘     copes with the major issues.  Nevertheless     ‘

‘     problems are almost certain to be more     ‘

      demanding than the ‘note-worthy interest’ idea we    ‘

‘     mentioned above.      ‘

 

‘     More significant for companies that recognize      ‘

‘     the problem is to determine, in time to minimize     ‘

‘     damage, what their suppliers, major customers,      ‘

‘     shippers, trading partners, etc. are doing      ‘

      about Y2K.     ‘

 

‘     As part of its research the Gartner Group has     ‘

‘     estimated that:    ‘

‘     15%    of large companies will have failures     ‘

‘     40+% of medium sized business will also,    

‘      - while -     ‘

‘     55%    of small companies will have at least    ‘

‘              one failure.     ‘

 

‘     Gartner went on to forecast that 10% of      ‘

‘     systems failures will last as much as 3+     ‘

‘     days.  Notably they also predict that the      ‘

‘     failures will come throughout the year.     ‘

 

‘     Fortunately Congress has passed legislation      ‘

‘     offering safeguards to companies that share     ‘

‘     technical information about Y2K issues.     ‘

 

 

‘     THE WORST THREAT?     ‘

‘     --------------------------------     ‘

‘     It’s definitely outside the US where experts say     ‘

‘     most vulnerable countries include Japan, France,     ‘

‘     Russia and Brazil and the most vulnerable sector     ‘

‘     is, not surprisingly, utilities and especially power     ‘

‘     generation.      ‘

 

‘     In a 7-98 article titled “GARTNER SEES BIG      ‘

‘     PROBLEMS COMING”  it was noted that their      ‘

‘     research indicated as many as 23 percent of      ‘

‘     companies worldwide are not yet evaluating the    ‘

‘     impact of Y2K even though they estimate Y2K     ‘

‘     repair projects might need 30 or more months      ‘

‘     to implement.     ‘

http://chkpt.zdnet.com/chkpt/pcwt980922004/www.zdnet.com/pcweek/y2k/0998/21gart.html

 

 

‘     WHAT CAN YOU DO?      ‘

‘     ------------------------------     ‘

‘     Following are a few carefully selected links,     ‘

‘     among hundreds on the subject in every type       ‘

‘     of media.      ‘

 

‘     TIME.com has composed a comprehensive listing    ‘

‘     of links and resources to help prepare for the      ‘

‘     new millennium.      ‘

http://cgi.pathfinder.com/time/digital/daily/0,2822,16418,00.html

 

‘     Is your Microsoft software ready?  If you use      ‘

‘     Access 2.0, Windows 3.11 File Manager,      ‘

‘     DOS 6.22, FoxPro 2.6, Windows NT 3.51 be     ‘

‘     sure to check in at     ‘

http://www.microsoft.com/technet/topics/year2k/default.htm      ‘

 

‘     Vendor 2000 - Y2K compliance information for     ‘

‘     hardware, software, and other specialized      ‘

‘     products. http://www.vendor2000.com/     ‘

 

‘     http://www.year2000.com is a Year 2000 Inform-     ‘

‘     ation Center™ that serves as a forum for     ‘

‘     disseminating information about the year 2000      ‘

‘     problem, AKA the Millennium Bug, and for     ‘

‘     discussion of possible solutions.      ‘

 

‘     And don’t forget to think big about Y2K.  It’s     ‘

‘     not a problem that is fully inside your computer     ‘

‘     or even your company’s computers.  The Mining    ‘

‘     Company, an interesting subject-oriented and      ‘

‘     human-attended, resource on the Internet      ‘

‘     recently spoke out on Retirement Accounts with     ‘

‘     much more information than just the following     ‘

‘     check list:     ‘

‘     *  Check your retirement account providers'     ‘

‘         progress now.      ‘

‘     *  Don't cash in all your investment and bank     ‘

‘        accounts!     ‘

‘     *  Check the balance of each of your accounts      ‘

‘         at least twice before 1-1-2000!     ‘

‘     *  Check again to be sure you still have an      ‘

‘         account balance in early January 2000.      ‘

‘     *  Be patient!      ‘

‘     *  Check your January 1, 2000 balance against      ‘

‘         the late December balance.      ‘

‘     *  Continue your disciplined retirement savings     ‘

‘         program.     ‘

 

‘     For more details you can see the article this was     ‘

‘     extracted from at     ‘

http://retireplan.miningco.com/library/weekly/aa101998.htm      ‘

 

‘     For more on Y2K from The Mining Company see      ‘

‘     http://specials.miningco.com/y2k.htm      ‘

 

 

‘     NOT 1 BUT SEVERAL KEY Y2K DATES     ‘

‘     ------------------------------------------------------     ‘

‘     May 17, 1998  -  Ron Ellis had his new Master-     ‘

‘     Card charge rejected due to the invalid expiration     ‘

‘     date 4-30-00.  (It was fixed with a call and worked     ‘

‘     fine thereafter.)     ‘

 

‘     Jan 01, 1999.  -  Some accounting systems roll       ‘

‘     out a year ahead to set renewal dates for       ‘

‘     insurance premiums or bank loans, etc. and      ‘

‘     may have early trouble with Jan. 1, 2000.      ‘

 

‘     Apr 09, 1999  -  It’s , the 99th day of the year    ‘

‘     (see below).     ‘

 

‘     Sep 09, 1999 -  Might be entered in a computer     ‘

‘     as 9 9 99 and coincides with the old Cobol      ‘

‘     programmer trick of using several nines as a      ‘

‘     program cut-off for 'don't do this anymore’ or      ‘

‘     ‘stop here!’     ‘

 

‘     Jan 01, 2000 The date that gets all the attention.     ‘

 

‘     Feb 29, 2000?  Nope!  Every 4th year is a leap    ‘

‘     year EXCEPT for years like 2000 that are      ‘

‘     divisible by 400.

 

‘     Jan 01, 2001 Another date that may trigger some     ‘

‘     latent Y2K style bugs.     ‘

 

 

‘     Y2K SOLUTIONS?     ‘

‘      -------------------------      ‘

‘     Many solutions, aids, tests, etc. are available and     ‘

‘     we believe there will be a flood of new ones in      ‘

‘     the New Year.  One of the most creative we’ve     ‘

‘     seen gives you a good feel for our belief in the      ‘

‘     power of technology at 2SS.Com.     ‘

 

‘     Sterling Software Inc. of Dallas, which has      ‘

‘     released a new mainframe computer program it,     ‘

‘     calls Phaseshift.  The program lets old     ‘

‘     application programs in Cobol, Fortran or virtually     ‘

‘     any language, continue to work automatically.      ‘

‘     How?  By working between applications and the     ‘

‘     operating system to intercept dates and make     ‘

‘     them right.  Phaseshift isn’t cheap at $275,000     ‘

‘     but for some organizations it may be a bargain.      ‘

‘     Meanwhile it points to a future after 2000 that     ‘

‘     could well be more manageable than we thought      ‘

‘     thanks to innovative technology!  (Drawn from      ‘

‘     PC Week 8-17-98 page 34)     ‘

 

 

‘     Y2K SOFTWARE TO HELP YOU?    ‘

‘     ---------------------------------------------    ‘

‘     Here are two FREE and highly rated programs    ‘

‘     among over 80 available at     ‘

http://hotfiles.zdnet.com/cgi-bin/texis/swlib/hotfiles/info.html?fcode=000HR4     ‘

 

‘     Y2KTEST from SecureNet Technologies, Inc.      ‘

‘        Is your PC ready for the millennium? Find out      ‘

‘        with this free diagnostic utility. Y2K Test checks     ‘

‘        your system for Year 2000 compatibility. It will      ‘

‘        reboot your computer three times and perform       ‘

‘        a series of tests to determine if your PC's Real      ‘

‘        Time Clock, BIOS, and operating system have      ‘

‘        what it takes to operate smoothly once midnight     ‘

‘        comes on December 31, 1999. When the pro-    ‘

‘        cess has finished, just re-run the program and     ‘

‘        view the test results. When you're done running     ‘

         the test, you'll need to reset your system clock.      ‘

‘        Should your system not be 2000-compliant,      ‘

‘        the developer has a fix available for purchase.     ‘

‘        Note: If you're running a boot manager program     ‘

‘        such as System Commander you may      ‘

‘        experience problems when trying to run this      ‘

‘        software. (The only boot manager known to be     ‘

‘        compatible with the Windows NT's boot loader.)..   ‘

‘                        Reviewed by Ziff-Davis on Jul 8 1998.    ‘

 

‘     YESY2K from SafetyNet Inc      ‘

‘        Yes2K detects flaws in your CMOS and BIOS      ‘

‘        that can cause problems when the PC is used     ‘

‘        after December 31, 1999. After running the       ‘

‘        tests, it recommends a solution for bringing the   ‘

‘        tested PC hardware into year 2000 compliance.     ‘

‘        An included module can be run each time your     ‘

‘        computer boots up to provide you with the      ‘

‘        opportunity to correct any problems found.      ‘

‘        Also included is a Compliance Manager, which     ‘

‘        enables an administrator to centrally manage      ‘

‘        and analyze year 2000 tests from several to      ‘

‘        more than 10,000 PCs. Yes2K is easy to use      ‘

‘        and includes online help. It's free for individual     ‘

‘        users; contact the author regarding corporate     ‘

‘        licensing.      ‘

‘                   Reviewed by Ziff-Davis on May 26 1998     ‘

 

 

‘     THE BOTTOM LINE FROM 2SS.COM?     ‘

‘     -------------------------------------------     ‘

‘     It’s worth being aware and careful but we don’t     ‘

‘     believe you need to go crazy.  Try to see that your    ‘

‘     business is Y2K proof early in 1999 to give you     ‘

‘     plenty of time to check up on others who are either   ‘

‘     out of your control or vital to you success.  And      ‘

‘     take a few personal precautions too like updating      ‘

‘     your portfolio, checking in on investments and     ‘

‘     planning a safe-‘n-sane New Year’s 2000 maybe      ‘

‘     somewhere close to home.     ‘

 

 

‘     [][][][][][][][][][][][][][][][][][][][][][]     ‘

‘     --------------Item Two-----------      ‘

 

‘     QUESTIONS      ‘

‘     1. How can I be sure my CPA is keeping up     ‘

‘         to date?      ‘

 

‘     Thanks to 2SS Advisory Panel member DAVE     ‘

‘     LJUNG we’re pleased to respond:     ‘

 

‘     In your regular dealings with your accountant,      ‘

‘     you should expect answers to your questions      ‘

‘     or requests that indicate an understanding of     ‘

‘     your business, along with a creative, problem-     ‘

‘     solving perspective. If you’re not sure you are     ‘

‘     receiving that, consider interviewing other      ‘

‘     accountants, particularly those who may      ‘

‘     have experience in your industry or      ‘

‘     circumstances. The California Society of      ‘

‘     CPA’s has a web site that allows you to identify      ‘

‘     CPA’s according to their particular expertise and      ‘

‘     by location. You will find it at www.cpabsn.com.      ‘

‘     Good luck.     ‘

 

‘     2. How can I get the best deal arranging for     ‘

‘         rental computers needed for presentations    ‘

‘         in several cities over several consecutive days?    ‘

 

‘     Thanks to 2SS Advisory Panel member RICK     ‘

‘     RANDALL we’re pleased to respond:     ‘

 

‘     We are doing more and more of this.  If you     ‘

‘     provide us with your equipment needs,      ‘

‘     the locations and times that you need      ‘

‘     equipment, we’ll coordinate it nationwide!     ‘

 

‘     In any area of the country, we have a handful      ‘

‘     of contacts.  We’ll shop prices and reputations      ‘

‘     and haggle over price.  We get a cross-rental      ‘

‘     discount, so you don’t pay any more than if you      ‘

‘     made the calls, and you don’t have to do any     ‘

‘     of the work!      ‘

 

 

‘     [][][][][][][][][][][][][][][][][][][][][][]     ‘

‘     -------------Item Three----------      ‘

 

‘     9 STRATEGIC / USEFUL Y2K LINKS   ‘

 

‘     Following are links that show the impact of      ‘

‘     Y2K.  There are many more.  These were     ‘

‘     selected in addition to those above to provide     ‘

‘     a good cross-section.     ‘’

 

‘     1. http://www.garynorth.com - Extensive infor-    ‘

‘         mation on Y2K     ‘

 

‘     2. http://www.y2k-aid.com - The official Y2K-AID      ‘

‘         preparation guide      ‘

 

‘     3. http://www.y2kwatch.com - Y2K newsletter via     ‘

‘         e-mail     ‘

 

‘     4. http://www.y2ksupply.com - another Y2K      ‘

‘         preparation site     ‘

 

‘     5. http://www.y2k.gov - what the government      ‘

‘         has to say     ‘

 

‘     6. http://www.prepare4y2k.com - preparation for     ‘

‘         Y2K      ‘

 

‘     7. http://www.y2kchaos.com - One of the biggest     ‘

‘         Y2K sites.     ‘

 

‘     8. http://www.erols.com/steve451/impact.htm       ‘

‘         Dealing With the Y2k Problem.    ‘

 

‘     9. http://www.firstsql.com/year2000 - good Y2K      ‘

‘         information.     ‘

 

 

‘     [][][][][][][][][][][][][][][][][][][][][][]     ‘

‘     -------------Item Four-----------      ‘

 

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