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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (2091)	10/21/1999 3:33:00 PM
From: Mad2	Respond to of 3543

Public TV has had a show dealing with Russia/former USSR Y2K issues. It was mentioned that the United States has invited the Russians to have a presence at its military installations that monitor global missile activity so they don't screw up and misintrepret something for a Western missile attack. Apparantly this isn't strictly a Y2K issue. The Russians missile defense system has been poorly maintained since the breakup of the old USSR. One of the stations (in the Ukraine) that was part of their monitoring system was closed over a year ago (political and economic problems). Somtime last year a weather satilite launched from on of the Scandanivan countrys was intrepreted by their missile defense as a attack. Proper idenitification of the rocket came within minutes of go/nogo point of when they would have made a retalliatory decision. Kinda scary Mad2

To: Sir Auric Goldfinger who wrote (2091)	10/21/1999 3:54:00 PM
From: Mad2	Respond to of 3543

Russian Missile Defense Here's a article referencing a false alarm from a signal out of Norway in 1995 (not last year) Copyright 1999 Agence France Presse Agence France Presse February 10, 1999 19:49 GMT SECTION: Domestic, non-Washington, general news item LENGTH: 401 words HEADLINE: US concerned about deterioration of Russian missile defense system DATELINE: (new series) BODY: WASHINGTON, Feb 10 (AFP) - The United States is concerned about the deterioration of Russia's ballistic missile defense system but does not believe the risk of launch error is high, the State Department said Wednesday. "We are concerned about the potential deterioration of the Russians' ballistic missile attack warning capabilities," Spokesman James Rubin told reporters. But, he said since the end of the Cold War the chances of nuclear or large-scale conventional attacks had diminished significantly and thus reduced the risk of a miscalculation by the Russians. "They are less concerned about the possibility of a surprise attack," he said, adding that that meant Moscow was less likely to act on the basis of a false alert. "We believe the idea that there are increased risks of a serious miscalculation overstates the current Russian launch possibilities based on their assessment of whether there is a real chance of attack," Rubin said. His comments came in response to a report in Wednesday's Washington Post which said that Russia's early-warning missile defense system is operating at a third of its full capacity with only three of nine satellites needed to monitor US missile silos and submarines active. It said that meant that for several hours each day, Russian military commanders are left blind to a possible attack and added that there were two close calls in 1983 and 1995 in which false attack signals were sent to Russian missile silos before they were recognized as mistakes. The Russian system is deteriorating because financial problems have prevented Moscow from replenishing the array of satellites needed to keep it in good working condition, Rubin said that while not panicked about the situation in Russia, the United States was concerned and did "recognize the need to minimize even further the consequences of a false missile attack warning." He noted that in September, President Bill Clinton and Russian President Boris Yeltsin had agreed to consider an exchange of information about missile launches and early warning systems. "We are pushing aggressively to continue," Rubin said. "You can never to do much to reduce the risk of miscalculation." But he minimized that risk. "I think Americans should sleep a lot more soundly today then they did at the height of the Cold War when both sides were in a hair-trigger posture." mvl/rl LANGUAGE: ENGLISH LOAD-DATE: February 10, 1999 Project Id: information

To: Sir Auric Goldfinger who wrote (2091)	10/22/1999 5:19:00 AM
From: EL KABONG!!!	Respond to of 3543

Bellwethers beat Internets on long-term pick list NEW YORK, Oct 21 (Reuters) - Despite the hype, Internet stocks may prove to be a poor long-term investment compared with larger, more profit-prone bellwethers like Cisco Systems (NasdaqNM:CSCO - news) and Microsoft Corp. (NasdaqNM:MSFT - news), suggests a survey by a consulting group at Salomon Smith Barney. The report shows that money managers overwhelming hold Cisco as their top stock pick among companies to own for the next 20 years. Following the world's largest computer networking equipment maker on the list are Nasdaq big boys Microsoft and Intel Corp. (NasdaqNM:INTC - news). Big Board-listed General Electric (NYSE:GE - news) and AT&T Corp. (NYSE:T - news) also placed high on the list. On the other end, four of the five absolute worst stocks to own for the next 20 years are the big name Internets, the Salomon survey said. Online retailer Amazon.com Inc. (NasdaqNM:AMZN - news) was the hardest hit with 34 percent of all money managers' votes as the No. 1 worst. The survey pegged America Online Inc. (NYSE:AOL - news), eBay Inc. (NasdaqNM:EBAY - news) and Yahoo! Inc. (NasdaqNM:YHOO - news) as the other Internets at the top of the overall worst list. Money managers also said they don't think computer problems revolving around the year 2000 will have a significant impact on stock markets. Salomon said almost a third of survey participants think the potential Y2K problems have already been factored into the market. The investment firm's quarterly survey was developed to identify trends and attitudes in the industry that may have an affect on the market, said Frank Campanale, president of Salomon Smith Barney Consulting Group. KJC