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Technology Stocks : 2000: Y2K Civilized Discussion

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To: JBTFD who wrote (390)8/21/1999 7:43:00 PM
From: C.K. Houston  Read Replies (2) of 662
 
<A risk factor of "3" or "u" (unknown) normally means we have not yet received an answer from the utility company in question or they have not yet agreed to meet or talk with us. Accordingly, we are assuming the worst case…but only for purposes of a Naval Installation preparing its contingency plans, nothing else.>

I saw that. Here's the question. Both "3" and "u" are actually indicated in that spreadsheet. Many u's and several 3's. If they both mean the same thing, why use a choice of either "3" or "u"? Why not use one identifier?

And, what does "normally means" ... mean?

IMHO - The copy, as written, was very unclear and confusing.

Particularly, where "Failure Improbable" and "Failure Probable" ... both mean the same thing(?) ... "we reviewed the utility company's preparedness efforts and thought they look pretty good, there are a few loose ends (normally remediation, testing, and contingency planning)". How can that be?

That's the point I was trying to make. Since thegovt just put this on the net yesterday, after all of the national publicity, you'd think they would have gone over the copy with a fine-toothed comb.

Cheryl
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