Year 2000 (Y2K) Embedded Systems & Infrastructure Problem Message Board

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Technology Stocks : Year 2000 (Y2K) Embedded Systems & Infrastructure Problem

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To: C.K. Houston who wrote (579)	11/8/1998 2:08:00 AM
From: ForYourEyesOnly	of 618

Oil & Y2K Embedded Systems Problems: Hi CK! I was just thinking about the oil issue, and while it may have great negative effects on our economy & society, it may also present an interesting investment opportunity. It just struck me, what if a significant portion of: Oil drilling facilities stop working Oil pipelines stop working *Oil transportation infrastructure stops functioning Since much less oil can be drilled and transported to market, the value (both strategic & economic) of available above ground oil would skyrocket, would it not? On the other hand, if the Y2K scenario is real for the oil industry, it would make sense for the market to start discounting it sometime in the middle of next year in the price of oil..... Your thoughts on the current severity of the embedded system problems in the oil drilling & transportation industry would be greatly appreciated. Have you considered taking out oil futures as we enter 1999? TIA for sharing your ideas. THC

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