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

To: bearcub who wrote (6202)	6/29/1999 12:22:00 AM
From: Yacht Trash	Read Replies (1) \| Respond to of 9818

bear, I don't know what others are doing to prepare for this millenium thing but I am doing my best. If the worst case senario plays out, I don't think that i want to live in your world from your last post! YIKES! I am not trying to be combative but you are really pushing the envelope, IMO What's the point of this venue other than to share and prepare for.....? My point bear, I don't think I want to survive behind your standards of gloom. Align yourself with truth? Is that what you are telling your loved ones? Honest question. Let me back up a tad bear and tell you that I retired a couple of years ago at 43. I was a high tech VP responsible for SUPER HIGHWAY (imbedded base) stuff for the Bay area (including Silicon Valley) I live now in S. CA taking care of my elderly mom and my job is being a very succsessful investor of stocks, commodities, real estate and more! My point, bear, is that I think we are in for a pretty rough ride with this y2k business but you seem to hold no hope for the masses with your posted wisdom. I hope I am right and if not....God be with you as well......Garry

To: bearcub who wrote (6202)	6/29/1999 10:56:00 AM
From: Bill Ounce	Read Replies (2) \| Respond to of 9818

re: bluffing Yes you are bluffing. You can not "prove" it -- that would out your 'unimpeachable electrical power generation sources'. As for the future, no one knows for certain. Should be interesting. I've visited places where there is not enough electrical power generation to meet load. The available power is time shared though the various load districts. Heaviest industrial loads must be disconnected for longer periods. This sort of situation is much more likely than a coast-to-coast blackout lasting for months. Chronic power shortages are not the end of the world, but they most certainly lead to economic disruption. I think today's economy is somewhat like a fleet of fine-tuned sports cars. It will have to slow down if the road gets bumpy. Short-term electrical blackouts are one set of potholes. Government systems failures could lead to an unpaved gravel section. FAA ATS failures could be like filling up the potholes with mud. Private sector failures are 'bridge out' conditions. Too many private sector failures and you'll end up with a 1930's style depression. But it's not doomsday. Heavily populated cities do survive though economic recessions even depressions. Standards of living take a tumble, but people generally do survive.