FIX: Error message when you use the BULK INSERT statement to import data of the timestamp data type in SQL Server 2005: "An invalid datetime value was encountered"
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Source: Knowledge Base
Product: Microsoft SQL Server 2005 Enterprise Edition & SQL Server 2005 Standard Edition
Notification Contents: New and Major Modifications
FIX: Error message when you use the BULK INSERT statement to import data of the timestamp data type in SQL Server 2005: "An invalid datetime value was encountered"
http://support.microsoft.com/kb/950875/en-US