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Technology Stocks : Discuss Year 2000 Issues
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To: Jeff Mizer who wrote (8469)8/30/1999 12:53:00 PM
From: Lane3  Read Replies (4) of 9818
 
<<<I dare cheeky and anyone to read this with open mind and say it is not troubling>>>

Hi Jeff. I read it all the way through and find myself no more or less troubled than I was before I read it.

I think his point about more sophisticated (interdependent) systems in the U.S. being more vulnerable due to the greater likelihood of dominos bumping into each other is intuitively obvious. This is not new information.

Remember, though, that Caverly was talking to a Russian audience. In addition to pointing out the added vulnerability of interdependent U.S. systems, I think he was also talking about the disproportional reaction of citizens in the two countries--rather like the Princess and the Pea. I get cranky if my ISP is unavailable the first time I dial in. A typical Russian not only doesn't have an ISP, he doesn't expect a regular phone call to go through the first or even the tenth time, assuming he even has a phone. The Russians are already close to the dark ages, so they would be less affected by systems failures or perceive themselves to be less affected. I don't think Caverly was saying that things would be worse in the U.S., only that we have so much more to lose. Because we are spoiled, we suffer more from relatively minor deprivations.

Karen
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