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Technology Stocks : Discuss Year 2000 Issues

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To: Cheeky Kid who wrote (3273)	1/13/1999 8:17:00 PM
From: jwk	Read Replies (1) of 9818

boston.com some excerpts: Energy secretary confirms some utilities lag on Y2K fix By Ross Kerber, Globe Staff, 01/12/99 Secretary of Energy Bill Richardson yesterday reiterated worries that some electric utilities are falling behind an industry timetable.... .... various utilities - including several in New England - expect to miss the industry's self-imposed June 30 deadline for fixing potential problems in their critical operating systems. Richardson called this ''a matter of significant concern,'' ...Richardson threatened to cite specific firms unless they demonstrate progress. ...... Don Meyer, a spokesman for the US Senate's special committee on Y2K issues, said members were ''comfortable'' with the report because it ''shows the industry is making significant progress. ''But the bottom line is, are they going to make the deadlines? The bulk of their work is still ahead of them,'' Meyer said. He was also concerned, he said, by the report's note that 20 out of 66 nuclear-generation facilities in the country are expected to miss the remediation deadline.

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