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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Stuart Schreiber who wrote (16993)5/15/1998 3:12:00 PM
From: John Mansfield  Read Replies (1) of 31646
 
[UTILITIES] Testimony before senat committee: Texas public utility commission

'ORAL TESTIMONY BY MR. JOHN L. LAAKSO

EXECUTIVE DIRECTOR,

PUBLIC UTILITY COMMISSION OF TEXAS

TO SUBCOMMITTEE ON TECHNOLOGY

COMMITTEE ON SCIENCE

U.S. HOUSE OF REPRESENTATIVES

WASHINGTON D.C. 20515

May 14, 1998

'Because of their small size and the limited number of employees who can deal with Y2K issues, the
cooperatives reported a relatively small commitment in dollars and personnel to their Y2K efforts.
Sixty-two percent of the reporting co-ops have between one and five people working on Y2K issues.
Only three co-ops reported having more than six people assigned'
...
'Considering the high possibility of system interruptions due to Y2K problems, the responses from the
cooperatives on contingency planning were disturbing; only 53% reported having a plan to maintain
continuous operations if not Y2K compliant or if Y2K efforts fall short.
...

house.gov
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