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Technology Stocks : 2000: Y2K Civilized Discussion
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To: B.K.Myers who wrote (25)8/8/1999 4:17:00 AM
From: foobert  Read Replies (3) of 662
 
Looks like this tale assumes total failure of the ball bearing industry.

<<<<<I asked him to image what would happen if the only serious thing that went wrong on January 1st was that the ball bearing industry came to a grinding halt because of Y2K problems with their equipment, and that it couldn't be repaired, only replace. And, it would take 6 to 24 months to replace all of the machines.>>>>>>

I can imagine a scenario where one or more manufacturers of ball bearings fail, but I think the probability of ALL ball bearing manufacturers failing simultaeneously for six months or more would be much less than 100% Yes, the failure of one or more specialized parts suppliers would cause great disruption, but it seems whenever you are dealing with a critical resource, you establish a second or third source of supply.
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