| Jay Scott : Daily Whale : archive : 2000 : 4 January 2000 |
The stock market tanked today as companies in numerous industries announced special charges against earnings for extraordinary software expenses. "The Y2K bug opened a lot of eyes to the strategic requirement for software reliability," explained analyst Jo "Trenchant" Verdun. "They decided to fix the other 99.9% of revenue-threatening bugs in their mission-critical software, and it just about bled them white."
copyright 2000, 2003 Jay J.P. Scott
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