http://www.worldnetdaily.com/bluesky_metaksa/19990128_xctme_watch_out_.shtml

AT&T was predicting a cost of $611 million, and their figures are now revised to $900 million with $186 million to be spent between Oct. 1, 1999 and Dec. 31, 1999.

Spending 186 million in the last quarter of 1999 makes me wonder if AT&T has a chance of making it.

-- Mike Lang (webflier@erols.com), January 28, 1999

Answers

AT&T (as well as Chevron) have already publicly announced that they won't be done in time: NEW YORK (Reuters) - The new millennium and its much-anticipated computer bug is still a year away but many U.S. companies are already throwing in the towel. They admit they won't be ready. Companies are beginning to make such frank statements on Y2K risks to cover themselves against possible securities litigation, analysts said. The statements also provide ammunition for their own suits. Companies such as Chevron Corp. and AT&T Corp. say their systems may be vulnerable to significant failures as they grapple with the Year 2000 date change... Article at: http://infoseek.go.com/Conten t?arn=a1831reuff-19981231&qt=y2k&sv=IS&lk=noframes&col=NX&kt=A&ak=news 1486
Dan

-- Dan (DanTCC@Yahoo.com), January 29, 1999.

Cleaner version of my previous post...
 
AT&T (as well as Chevron) have already publicly announced that they won't be done in time:
 
NEW YORK (Reuters) - The new millennium and its much-anticipated computer bug is still a year away but many U.S. companies are already throwing in the towel.
 
They admit they won't be ready.
 
Companies are beginning to make such frank statements on Y2K risks to cover themselves against possible securities litigation, analysts said. The statements also provide ammunition for their own suits.
 
Companies such as Chevron Corp. and AT&T Corp. say their systems may be vulnerable to significant failures as they grapple with the Year 2000 date change...
 
Article at:
 
http://infoseek.go.com/Conten t?arn=a1831reuff-19981231&qt=y2k&sv=IS&lk=noframes&col=NX&kt=A&ak=news 1486
 
Dan


-- Dan (DanTCC@Yahoo.com), January 29, 1999.