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Technology Stocks : Discuss Year 2000 Issues
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To: John Mansfield who wrote (4034)2/22/1999 9:46:00 PM
From: flatsville   of 9818
 
Trouble in the Oil Patch--This poster has done a very good job of keeping up with oil and gas news as it pertains to y2k. See:

x9.dejanews.com[ST_rn=ap]/getdoc.xp?AN=445422880&CONTEXT=919736434.762511430&hitnum=50

x9.dejanews.com[ST_rn=ap]/getdoc.xp?AN=442134209&CONTEXT=919736434.762511430&hitnum=79

(Read all three segments)

He notes in the above dejanews link in response to another poster:

Check out <http://www.gulfpub.com/wo/wo.html> to read the now famous MCI
Systems House report (for Gulf Oil) that specifies how many embedded systems
can be remediated industry-wide *if* an oil company started remediated
embeddeds as of April, 1998. Also note that not many companies *had* started
by that date.
Susan, the wording of that paragraph is tricky, so keep this in mind: They
are saying that only 30% of all failure-prone embeddeds can be remediated in
an oil production environment *if* the company were to start as of last
April. That doesn't mean that production would be cut to 30%. They don't
even guess as to what that would look like. If 70% of the failure-prone
embeddeds fail in an oil rig, then you can make your own assumptions as to
what that will do to production totals.

(Unfortunately the link he gives no longer works for the report. I'll search for a working link and post it.)
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