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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: paul e thomas who wrote (7800)11/13/1997 8:43:00 PM
From: beio  Read Replies (1) of 13949
 
All,

Seeing as I found this on a public newsgroup I don't have a problem posting it here, even though it has names and addresses.
It shows the public there really is NOW and in the NEAR FUTURE catastrophic negative results if some do not pay heed to the warnings of the Y2K community.

<<The following information was presented at the November meeting of
the Energy Industry Y2K SIG, and passed on to us by Jay Abshier,
Manager of the Corporate Year 2000 Office at Texaco Inc.
Best wishes,
Leon Kappelman


----------- Excerpt from formwarded message follows -----------

I am a member of an Energy Industry Y2K SIG (ad hoc) with 19 member
companies. Most of us are either pursuing or starting to pursue
inventory and assessment of our field systems. Some results are
starting to come in. Thought you might be interested.

* Four Alcoa Steel Plants
* 50% of control systems will fail

* North Sea Expro (Shell-Exxon JV)
* Platform, Pipeline and Gas Plants
* 1200 systems identified, 12% failure rate

* BP Refinery, Grangemouth, UK
* 94 systems identified
* Couldn't find vendor for 20
* 74 assessed
* 3 will fail, 2 will cause shutdown

Jay Abshier
Mgr- Corporate Year 2000 Office
Texaco Inc
Bellaire, Texas



------------------------------------------------------------------------>>

Jack
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