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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%4:00 PM EST

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To: Yorikke who wrote (22527)11/3/1998 2:35:00 AM
From: bill718  Read Replies (1) of 116762
 
Re. Y2k:

True, many PC's will be in good shape come 2k but what about the millions of micro-controllers out there in various control systems including those used for power generation, natural gas distribution, water, etc....

The potential for the controller to believe the maintenance interval has been exceeded tremendously (for example) is great....therefore invoking safety procedures causing disruptions.

Of course power and telecommunications disruptions have the potential to affect the financial sector (along with nearly everything else) temporarily, so even if the operating systems and software are compliant, they are still in trouble if the disruption is prolonged beyond the capacity of UPS systems.

Interesting read supporting this point of view at:
techstocks.com

My bet is that POG will increase significantly next year....cause nobody really knows for sure what is going to happen with y2k.

Regards,
Wayne
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