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How Traders Are Coping With the Year-2000 Bug:Potential for Industry-Wide Meltdown Definitely Exi

Traders Magazine, February 1998

John Edwards

Equity traders are muttering a silent prayer, crossing their fingers and counting down the days until Jan. 1, 2000. As the new century dawns, many computer systems set to read years by the last two digits will lose their ability to track dates.

While the so-called millennium bug will challenge virtually all businesses, government agencies and other organizations, equity traders will be particularly vulnerable because of their heavy reliance on computer technology.

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