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Results of Wall Street’s Y2K Tests Look Good

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Reuters

Early results looked good in a Wall Street test for signs of the millennium bug, which some experts believe threatens to crash computers around the world on Jan. 1 because of a software glitch.

The Securities Industry Assn., the trade group organizing the test, said Monday that results from Saturday’s dry run were “better than expected,” but the real test is yet to come.

The Y2K problem threatens to crash computers on New Year’s Day because a programming defect may cause computers to read the year 2000 as 1900.

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