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Technology Stocks : Discuss Year 2000 Issues

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To: Ken who wrote (5305)	4/6/1999 11:21:00 AM
From: David Eddy	Read Replies (2) of 9818

Ken - Pareto's 80-20 law is against us. This time, 80% isn't good enough. If GM gets only 80% of its needed supplies, it goes out of business. GM could shut down for weeks & have minimal impact. Remember that brake plant strike a couple of years back? One part at one plant shut down most of GM's North American manufacturing. Basic issue is that cars, at least in the immediate term, are not a critical good. I can goose my old flivver along for a few more months. There are plenty of spare cars on the used car lots. GM can pull in it's horns and go into sleep mode for a while & they'd just forego revenue... rather like a strike. - David

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