YEAR 2000 Problem

William Langham (blangham@westnet.com)
Thu, 8 May 1997 22:46:55 -0400 (EDT)

Really!

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Date: Thu, 8 May 1997 01:08:46 -0700
From: cpsr-global@Sunnyside.COM
To: "Multiple recipients of list cpsr-global@cpsr.org"
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Subject: CPSR-GLOBAL digest 573

CPSR-GLOBAL Digest 573

Topics covered in this issue include:
3) Fraud costs $$$ (@)
by Edupage Editors <educom@educom.unc.edu> (by way of marsha-w@uiuc.edu (Marsha
==================================================

YEAR 2000 "PROBLEM" SAVED A LOT OF MONEY 30 YEARS AGO
An article in the Journal of Systems Management last year pointed out that
the two-digit date fields that are causing all kinds of computational
conniptions these days, actually were cost-effective over the long run:
"The two-digit format saved the typical organization over $1,000,000 per
gigabyte of total storage in the 30-year period from 1963-1992." If that
money had been wisely invested, these organizations could have reaped $15
million per gigabyte over that same period. Judged by the costs involved in
now fixing the problem, it was a "small price to pay." (Wall Street Journal
6 May 97)

End of CPSR-GLOBAL Digest 573
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