This virus received considerable distribution, when it was posted to the Virus Alert electronic mailing list, which is intended for urgent messages regarding virus infections.
Based on the settings of your F-Secure security product, it will either automatically delete, quarantine or rename the detected program or file, or ask you for a desired action.
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Just like the "Stupid" virus, it will only work on machines with at least 640K memory. It activates on September 1st, and stays active until December 31st. While active, it will corrupt all disk writes, deleting the first ten characters of any data written to the disk and add ten "garbage" characters at the end. This will cause destruction of data files, as well as preventing the compilation of any programs.