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Technology Stocks : Discuss Year 2000 Issues
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To: Bill Ounce who wrote (2585)9/18/1998 2:50:00 PM
From: B.K.Myers  Read Replies (1) of 9818
 
Bill, you stated that "Even if everyone owning the old receivers got lost and died, how would that affect the big-world picture?"

While most people look at the GPS issue as a matter of using GPS to locate their position, I don't believe that this is the real problem with the GPS rollover. Most people that use GPS for positioning have back-up systems (Loran, Radar, maps and charts, etc.).

I believe that the real hidden problem is that GPS is used to obtain an accurate date and time. For example, banks use GPS to obtain an accurate date and time for allowing access into their bank vaults. Probably the most serious potential problem with the GPS rollover is it's use in the electric power grid and in the telecommunications systems.

I do not know what impact the rollover will have, but the simple fact that these two critical infrastructures use GPS for an accurate date and time make this rollover a serious issue. This is a potential problem area that is very difficult to test.
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