Top 100 U.S. Companies Spent 30% of Their Y2K Budgets by Jan. 1, 1999 : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Subject: Top 100 U.S. Companies Spent 30% of Their Y2K Budgets by Jan. 1, 1999 Link: Comment: This assessment of the Fortune 100, based on a Weiss Research report, indicates just how extensive the press releases' disinformation is.

We are in a secondary y2k denial phase, even among the once worried. It's the unmarried ugly heiress syndrome: people are being told what they want to hear, and they believe it.

This is from Y2KNEWSWIRE (May 20).

* * * * * * * * * * *

. . . On average, these firms had spent only 25% - 30% of their total Y2K budgets by the end of 1998, leaving approximately 75% of the job for the very last year possible -- 1999. None of them said anything about being late.


Back in early 1998, nearly every Fortune 1000 company said they would finish Y2K repairs by December 31, 1998, leaving a full year for testing. That claim, by itself, was a last-ditch claim. Leaving one full year for testing was the minimum reasonable testing period to set aside.

Here's our brief look at five of these companies, using data from December 31, 1998: . . .


-- zoobie (, May 20, 1999


hmmm..looks like a case of Cat Got the Pollyana Tongue. Here -- I'll save them the trouble:

Flint: Banks are fine. But I'm taking my money out just in case.

Hoff: The indications in the cited report are ambiguous. 30% of that amount of money is a still a large sum and you can bet that these companies are not going to let something like y2k bankrupt them.

Decker: My dear reader, the free market forces are at work. Rest assured that a miracle will occur.

Y2K Pro: You're using OLD DATA, you LAMEBRAIN!! Geesh. What a doomer.

Mutha: You IDIOT! This is another example of the Yourdonefor meme!! Propogated by those with small brains.

Poole: There is no evidence of this zoobie, you must be smoking a doobie. On the contrary, programmers are being laid off because the whole thing is a hoax.

-- a (a@a.a), May 20, 1999.

a - hysterical! lmiao

-- lisa (cackle@guffaw.shriek), May 20, 1999.

The notion that percentage of y2k budget spent is somehow equal to percentage of remediation completed has by now been utterly, thoroughly, and repeatedly debunked. No sense beating a dead horse into the ground any further.

What's sad is that zoobie, 'a' and Lisa are well aware of this. They are not newbies making an unwarranted assumption out of ignorance. They are lying. By now, one can only wonder what motivates them.

-- Flint (, May 20, 1999.

Flint, I hear them calling you at the deBunkery. Or are you persona non grata there also?

-- a (a@a.a), May 20, 1999.

I guess that the year for testing will begin on December 31, 1999 instead of December 31, 1998. I wonder how it will feel to be a guinea pig for recovering from massive computer failures.

-- Incredulous (, May 21, 1999.

A liar? I was just giggling at a's work.

A motivation? Infidel! Bullsheet! This airhead's only motivation is preparedness on a national level and I'd think you'd know this by now.

-- Lisa (alright@now.buddy), May 21, 1999.

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