Some of them (Y2K Fund companies) will do well, some won't?but none will be big losers.

I don't believe in the 'gloom and doom' we're hearing that planes will fall out of the sky. But there's going to be a significant impact.

Most corporations have spent a very large percentage of overall income on fixing this problem. Back in 1995 and 1996, most companies were resisting any year-2000 effort.... That resistance was overcome because of people raising a flag.

We'll have millions of transactions running later in 2000 that have never been run before.

Many organizations have failures sitting in their systems, but they won't show up until they run the transactions.

As of January 1999, companies are spending an equal amount in IT and outside, for things like risk assessment on their business partners and contingency plans. By the end of the year, companies will spend two-and-a-half to three times more outside IT.