Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeff Mizer who wrote (8783)	9/24/1999 8:26:00 AM
From: Lane3	Read Replies (4) \| Respond to of 9818

>>>if we have to care for other families who because of their stubbornness or fear of someone making fun of them did nothing <<< Jeff, I'm interested in the theme of fear of ridicule. It keeps popping up on this thread. You've mentioned it twice just recently. I am unable to relate to doing or not doing something regarding Y2K or anything else out of fear of ridicule. Do you have reason to believe that this is actually happening? Or are you just speculating on this and stubbornness as possible explanations for polly behavior? Karen

To: Jeff Mizer who wrote (8783)	9/24/1999 10:20:00 AM
From: C.K. Houston	Respond to of 9818

Did the electrical utilities plan to announce "Y2K Ready" - ready or not? -- By E. L. Core - EXCERPT Mid-America Interconnected Network, Inc., (MAIN) is one of the ten regional reliability councils that comprise NERC [National Electric Regulatory Council] ... from MAIN's Security Coordinator Subcommittee Meeting, JANUARY 26-28, 1999: "*Y2K ... NERC will inform* DOE [Dept of Energy] in JULY 1999: 1) we are ready for Y2k, 2) some known exceptions exist, and 3) we have contingency plans in place...." AUGUST 3 NERC PRESS RELEASE: Washington, D.C. (August 3) -- If the transition to the year 2000 occurs tonight, the electric utility industry would operate reliably with the resources that are Y2k Ready now. [WE ARE READY] That is the bottom line in the North American Electric Reliability Council?s (NERC) final quarterly report to the U.S. Department of Energy on the industry?s Y2k readiness .... [EXCEPTIONS] Y2k remediation and testing are complete at all but a handful of facilities that have late-1999 scheduled maintenance outages or are awaiting delivery of hardware or software from vendors.... [CONTINGENCY] The report has a discussion of contingency plans reviewed by NERC and the ten Regional Reliability Councils. These contingency plans provide further assurance that electric utilities will be able to operate reliably into the Year 2000." CONCLUSION** These minutes and highlights presuming readiness so long ago -- do they indicate that the electrical-utility industry really isn't, and won't become, Y2K ready? No, they don't indicate that. But, if these documents don't indicate that at least some parties in the industry had decided six months ago, if not last summer, that Y2K readiness would be announced this summer - ready or not - then what do they indicate? users.sgi.net