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Technology Stocks : 2000: Y2K Civilized Discussion

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To: John Hunt who wrote (502)9/1/1999 11:55:00 PM
From: Jeff Mizer   of 662
 
hello- >>Y2K ready doesn't always mean Y2K ready. For example, the executive summary of
the North American Electric Reliability Council's Aug. 3 report declares that more than
96% of electric utilities are "Y2K ready." But you'll find in the full report that being ready
can simply mean having contingency plans in place in case a system fails. See for yourself
at www.nerc.com/~y2k/y2k.html.<<

Exactly- everything is on the honor system and it shocks me to see some of the naive people who soak up these so called compliant everything is wonderful articles in the mainstream press....
Y2K is going to be at best an economic disaster simply because of the global economy and that is best case scenario.

JM
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