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Technology Stocks : Year 2000 (Y2K) Embedded Systems and Utilities

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To: John Mansfield who wrote (27)7/19/1998 10:35:00 AM
From: John Mansfield  Read Replies (1) of 89
 
'Rick's "current" position regarding risk to power supply

asked in the Electric Utilities and Y2K Q&A Forum

Rick, can you say what your current position is regarding the yr2k risk to the (electric) power supply.
Do you still think there is a real prospect of the power system failing to any degree. As far as yr2k is
concerned the possibility of prolonged power cuts must be one of the worst possible scenarios. Many
Thanks Richard

Asked by Richard Dale (rdale@figroup.co.uk) on July 17, 1998.

Answers

My current position hasn't changed much from earlier this year. I still expect to see significant
problems in some U.S. geographic areas. There simply isn't very much Y2k action happening in the
smaller REA's or municipals. And of course, this situation could translate into problems for the larger
IOU's that have scads of generating and distribution capacity. For more details, hit the euy2k.com
website.

Answered by Rick Cowles (rcowles@waterw.com) on July 19, 1998.

greenspun.com
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