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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: B.K.Myers who wrote (5932)	6/8/1999 7:22:00 AM
From: flatsville	Respond to of 9818

B.K.--Thanks. That 17% figure I mentioned in my previous post apparently came from this site, but it is the 1996 total for the percentage of nuclear electricity generated worldwide. eia.doe.gov >>In 1996, nuclear power plants supplied 23 percent of the electricity production for countries with nuclear units, and 17 percent of the total electricity generated worldwide. However, the likelihood of nuclear power assuming a larger role or even retaining its current share of electricity generation is uncertain. I love it..."However, the likelihood of nuclear power assuming a larger role or even attaining its current share of electricity generation is uncertain." Yeah, no kiddin'? Especially in light of the article below. June 7, 1999 Dow Jones Newswires Russia's Electricity Monopoly Needs 15,000 New Computers MOSCOW (AP)--Russia's electricity monopoly needs to replace a third of its 50,000 computers because of the Year 2000 computer glitch, a top official said Monday. United Energy Systems (UES) needs $15 million to buy 15,000 to 17,000 new computers and software to fix the remaining machines, said Alexander Remezov, deputy chairman of the board, according to the ITAR-Tass news agency. UES oversees Russia's vast electricity grids. Remezov did not say where the company would get the money, but said he hoped to have it all by September and replace all the machinery by October. He also said UES planned to conduct training programs on coping with the so-called millennium bug at nuclear power plants, which it manages together with the Nuclear Energy Ministry. The Y2K bug may occur if older computers that use two figures to designate a year mistake the year 2000 for 1900 and shut down or produce erroneous information. Russia has been slow to tackle the computer glitch, largely because of severe economic problems. A Nuclear Ministry spokesman said a few months ago that his agency would "deal with the problem when we get to 2000." Cutting it a little close there, aren't they? O.K. gang. Put your thinking caps on. How do we "short" this situation?