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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: BarbaraT who wrote (32681)12/22/1998 9:43:00 PM
From: Ron  Read Replies (1) of 119973
 
Thinking about good Y2K stocks..bullish sector again. I like CRYSF.
Speaking of Y2K..scary article from Business Week re embedded chips fyi:

THE YEAR 2000 BUG is making for weird contradictions at one big Midwestern
utility. Alliant Energy, owner of Wisconsin Power & Light, is advising some
customers to buy their own power generators if they want to be sure the lights stay
on in 2000. Yet Alliant is also asking regulators for a $16.1 million rate hike to help
inoculate it against the dreaded Y2K bug.

Alliant isn't trying to get something for nothing. To its credit, it is diligently preparing
for 2000 by doing widespread debugging of its system. But it admits there may still be
some power outages because thousands of embedded computer chips in
power-regulating devices--its own and others'--cannot recognize year 2000. With
176,000 pieces of equipment and 6,000 vendors and suppliers, the utility won't be able
to fix every one before Dec. 31, 1999.

So Alliant is telling many rural and corporate clients to make their own power. ''For
some people, an outage for a half-hour in the dead of winter could be very serious,''
says spokesman David Giroux, ''so buying a generator might be a good idea.'' That
may not be what consumers want to hear. But at least they'll be prepared.

By Marcia Stepanek
EDITED BY ROBERT McNATT

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