On Apr 25, 2008, at 4:41 PM, Jim Devine wrote:
Max wrote:
My understanding is that some large institutions use
"legacy systems" running stuff like COBOL which is more than a couple of
decades old.

Wasn't such "legacy" software as COBOL the source of the Y2K scare a
few years ago?


COBOL is a programming language, not a software (the compiler/linker for the language is a piece of software, but that's a different thing). There was a lot of COBOL code that had the Y2K problem but that was primarily because a lot of financial/business software was written in the COBOL. The point that the Y2K problem is an illustration of how the industry tends to underestimate the lifetime of software, is a good one.

        --ravi

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