• Subject: Re: Looking for ammo
  • From: Glenn Ericson <Glenn-Ericson@xxxxxxx>
  • Date: Fri, 19 Dec 1997 19:55:05 -0500

What are your  personal  liabilities from the  business that likely have
been excluded from officers [DO&O]
coverage.  You /he might be betting the house, car,  and all the grand
kids.  If you  buy  the  extra there is usually a certification
cost/process  & 80% premium to coverage ratio.

At 07:12 PM 12/19/97 +0000, you wrote:
>Lance Van Winter wrote:
>> 
>>         My boss feels the year 2000 thing is nothing but hype.  He feels it
>> is nothing more than an issue of a two character field becoming a four
>> character field.  I would like to hear from you all some details, examples,
>> etc... of just how complex and serious this issue is.
>> 
>>         P.S. - the "boss" happens to be my dad so do not rag on him too
much!
>
>in addition to the obvious software problems, many chip manufacturers
>had hard wired dates into their computer chips and ICs, that run many
>things.  such as airliners, air traffic control, cars, train scheduling
>etc.
>
>remember, these chips were designed and mfr'd as long as 20 years ago. 
>No one really knows how they'll behave at the turn of the millenia
>
>Insurance companys are already making plans on how and IF they will
>insure airlines, rail roads, etc for the last month or two of 1999 and
>the first couple of 2000. 
>
>I'm staying home those months  ;)
>
>regards,
>
>rick
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