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  • Subject: Re: Y2000 Incentives
  • From: ConnectY2K@xxxxxxx
  • Date: Wed, 4 Jun 1997 22:52:51 -0400 (EDT)

In a message dated 97-06-04 03:57:00 EDT, Dean replied:

<< 
 > Dean 
 >  some interesting points  - 
 >  
 >  Education for Y2K  would also be in the  best interests of the company.
 I
 >  believe it  plays a key part in  Due Diligence in court cases  { I'm not
a
 >  lawyer}
 
DA True.  Unfortunately, most companies develop no interest in Due Diligence
DA  until they are being bought out...
  
 Regards,
 
 Dean Asmussen >>
************************************
Dean 
1. 
in this  case due diligence  means if  you do not play it sucessfully  you
ahd better be able to  prove  you did  everything  reasonable within  your
power to protect your  company and stockholders(etc.) assets.  OR be SUED
 BIG TIME!

2.
Also agree on the pay attention on the "only when they are being bought out"
 The  major difference here is during Y2K failures the rate is less then $.10
on the dollar.  That is competitive advantage !!!!!!!

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