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


To: C.K. Houston who wrote (6624)7/16/1999 1:21:00 PM
From: flatsville  Read Replies (3) | Respond to of 9818
 
>>>GEEZ - Seems so many failures lately have had back-up generator problems!!! - nuke plant, water systems, waste-water, etc.<<<

And Columbia Presbyterian Hospital in NYC lost millions of dollars in research samples, time and effort when the back up generator failed and the labs lost power (refrigeration was critical for many samples.) I saw a spokesperson from Columbia on the CBS Evening News this week. They can't begin to asses the dollar damage or the set back factor to research into deadly diseases.

So much for power failure contingency planning, eh?

A few large companies (financial companies mostly) in my area have announced they are installing huge generators. A bank in Texas now has a fuel cell.

And speaking of fuel cells, last spring it occurred to me that if y2k does nothing else it will create a market for stand alone electricity generation systems. I should have never sold all my Ballard Power Systems stock.

But I have a feeling that I will get a chance to buy it back on the cheap soon. It is one of the few companies that I'm certain will rebound with a vengance. Lately I've been target companies that have odd niche products/technologies that given the potential for trade disruptions and other assorted problems might spike.

Any thoughts appreciated.