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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: John Paquet who wrote (41516)	9/29/1999 5:26:00 PM
From: goldsnow	Read Replies (1) of 116764

Iraq decides to wait and see on Y2K oil disruption 07:58 a.m. Sep 29, 1999 Eastern By Nadim Ladki BAGHDAD, Sept 29 (Reuters) - Iraq's oil industry is not prepared to deal with the millennium bug and may well be forced to shut down production and exports at the turn of the year, a reliable industry source in Baghdad said on Wednesday. The source told Reuters that Iraqi oil officials were aware of the year 2000 computer problem but had decided to avoid the multi-million dollar cost of dealing with it. Asked what the oil ministry was doing to counter the Y2K changeover, the source said: ``They are doing nothing.' infoseek.go.com

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