STAMFORD, Conn. - GartnerGroup said it expects some year-2000 glitches in banking and other industries, but nothing catastrophic.The research company said that most problems will not arrive in the first weeks of the year, and that they will be easy to correct as they surface. Lou Marcoccio, research director, said Tuesday that the banking, transportation, and utilities industries have made "tremendous" progress.
"We believe banking is in exceptionally good shape and has been leading the pack all along in terms of compliance," he said. If problems do occur, Mr. Marcoccio said, they will be administrative or transactional issues that will occur after Jan. 3 or 4. "They will be isolated and of relatively low frequency."