G.T.E. He believes that the Y2K bug is not a big threat. The Y2K problem started because early computers did not have a lot of memory. When these older computers were programmed, the year 2000 was so far away no one even thought about it. Now the year 2000 is knocking on our door. It will read 2000 as 00 and everything could go haywire, if the computers have not been reprogrammed.
Most big businesses have or are working on solutions.
Smaller businesses' computers might close down, but Frazier says this is the worst thing that could happen.