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

To: flatsville who wrote (8356)	8/24/1999 6:39:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 9818

However, they do state the enormity of Y2K issues facing the oil industry, which could quickly negate today's surplus production. For example, a single offshore platform can contain 10,000 embedded controllers microchips used to control pressure, temperature and flow all of which need checking and half of which are critical to its operation. flatsville... Thanks for the article. Let's bear in mind that the Strategic Petroleum Reserve stands ready to augment our oil supply should serious crude oil supplies be disrupted. Because of this, I have never really worried about the production platforms as even a 6 month disruption of 1/2 our imports could be replaced for up to 6-9 months before exhausting it. The worry I "DO" have is with refineries. I want more evidence that refinery production won't be seriously disrupted. The "Wired" article went quite a ways to alleviating that concern, but not completely. Regards, Ron

To: flatsville who wrote (8356)	8/25/1999 3:39:00 PM
From: flatsville	Respond to of 9818

plesman.com Fair Use/etc... StatsCan's Y2K report called 'unbelievable' Cipher Systems president scoffs at findings that most large firms will have fix in place. By Howard Solomon >>>Two Y2K watchers are warning that contrary to the latest Statistics Canada report, the vast majority of large organizations will be not be ready for the millennium. "I still have people calling me that haven't started," said Jennifer McNeill, president of Calgary-based Cipher Systems Inc. and chair of the Western Canada Y2K User Group. Even small to medium-sized companies who tell StatsCan they are working on Y2K are "very shortsighted," she said. "I have CEOs of oil and gas companies who tell me they're not going to fix anything. They're going to see what happens... ----------------------------------------------------------- Cripes, when you read info like the bolded section above it makes you wonder just how big these guys are, where they fit in to the supply line and more importantly are you holding their stock? <ggg>