Y2K: Harmless, or a disaster? Solution Continued from page 3 by requests for Y2K information he has been receiving from the county small business community. The multi-agency presentation has alrea dy been made once at Sampson Community College, where it was met with enthusiastic response. “This is a very collaborative effort to serve the small business commu nity." Horton said. “I think it will meet the full array of needs." Betty L. Gardner, manager of North Carolina State University's Computer Training Unit, w ill speak of training initialises available through the university and the com munity college system. She will dis cuss needs and course offerings in response. Jeff Eglen. of the Year 2000 Project, will speak of North Carolina's role as one of the states leading the nation in response to Y2K. He will speak of the special challenges local governments and institutions face in the millennium and state efforts to address them. Small Business Technology Deve lopment ('enter director Warren Gulko will tel! attendees how the Y2K will impact their businesses. Tom Jenkins, of Concurrent Tech nologies Corporation, will focus, on a variety of issues, including the scope of the problem, its implica tions for business, how to prepare and where to go for assistance. Attorney Theodore R. Harper will speak to the legal issues surround ing Y2K and explain why organiza tions should be concerned and how they should prepare. Financial specialists David J. and Sandy Burger, of Computer Living Corp. in Pinehurst. will address con cerns related to electronic transfer of money and hanking transactions. Horton said the full range of ser vices 'provided small businesses in Brunswick County stand to be affected by the millennium bug. if action is not taken. "One thing the small business community is very concerned about is utilities." Horton said. "They touch virtually every aspect of our lives." While Horton believes awareness of the Year 2000 bug is still very low among county small business operators, he hopes programs such as the one Thursday will stimulate more involvement. There are steps small business operators should be taking already to make sure they are prepared for the millennium. “First, be sure your machines are Y2K compliant," Horton advises. "If you order inventory by comput er. make sure your suppliers are compliant so you can continue to interact." Even appliances -- microwave ovens, freezers. VCRs -- may refuse to work when the clock strikes mid night December 31. 2000. "Embedded chips in cash registers should be checked." Horton said. Attendance at the seminar will be limited to 80 persons. More infor mation may be obtained by calling the Brunswick Community College Small Business Center at 253-3088. Problem Continued from page 3 "98." The problem becomes ugly when the date rolls over from "99" to Jbe Basics of Investing^ ag* From A to Z Call today for your free copy of Taking Control of Your Financial Future. AG Edwards IIW'ESTMENTS SINCEI8S7 CLAY FAIRLEY 5040 New Centre Drive, Wilmington Member sipc (910) 452-1685 • (800) 777-1685 1996 A G Edwards & Sons. Inc 7885.02a IM-278-1097 "00" on Saturday, January 1, 2000. Many older computers and embed ded electronics will recognize the date not as January 1, 2000, but instead as January 1, 1900. The confusion may result in any number of scenarios. If the proces sors fail to recognize the "00" as an actual value, they may get stuck in an endless loop, looking for a viable value and causing machin ery and electronic systems to stop functioning. Or. systems may rec ognize the value as 1900 or some other previous date (many default to 1980) and wreak havoc on elec tronic billing systems and time management systems which run continuously and rely on accurate dates and times to function proper ly- . . Although the specifics of the problem are isolated in the technol ogy, the effects of the problem will spread to all facets of our society: ■ The government has already issued statements that specific divi sions of the executive branch of the government will not be compliant by January, 2000 ■ Leading economists such as Dr. Edward Yardeni are predicting a -60-percent chance of economic recession as a result of business failures after the year 2000. ■ Electric power utilities that rely on the nuclear power industry and embedded technology may col lapse under the strain of computer failure and federal shutdowns. ■ Transportation and communi cation systems may fail due to the prominence of embedded micro chips in satellites and scheduling systems. Obviously, the year 2000 prob lem has the potential to critically affect our worldwide society in a number of concrete ways. 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