>             .
>             .
>             .
> 
> Yes, I know they do more than credit cards -- I'm a customer, and they
> take the time to tell me every month in my bill about all the other
> things that they do.  But even multiplying all the numbers above
> (which are already inflated) by another order-of-magnitude or two
> still yields a problem those solution, it seems to me ought to come
> in well below the $100M mark.
>             .
>             .
>             .

    Well, yes, but I think you underestimate how much more other stuff
they do.  A friend of mine who works for a New York bank tells me they
do about 900 billion dollars of international funds transfers each day
as part of their routine processing.

    In addition, banks often don't use machines that you would find
acceptable, they want fault tolerant machines, elaborate backup and
disaster recovery systems, high security networks, custom communication
protocols.

    On top of all this, the software is probably more expensive than the
hardware.  If they went to a different platform than they have now,
then they probably would have to port a large amount of custom
software which is likely to cost more than the Y2K effort.

    Just my 2 cents :>)

Bob
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