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Technology Stocks : Y2K (Year 2000) Personal Contingency Planning

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To: Rambo who wrote (769)4/3/1999 6:11:00 PM
From: dclapp  Read Replies (2) of 888
 
from the Senate y2k report, re gas and oil companies:

Y2K remediation in the gas and oil sector began too late and is progressing too slowly. The thousands of miles of
pipeline that must be checked and repaired and the proliferation of embedded chips and processors throughout the
industry's production, transportation, and distribution systems make failure of at least some mission-critical systems
possible. The industry needs to step up its efforts and focus on developing contingency plans.

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I think that anyone who reads this down to the word "possible" and then believes that the author really meant >>possible<< and not some "other word" ("probable" comes to mind) doesn't realize that the Senate report, while thorough and commendable, is also a political document.

doug
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