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Technology Stocks : Y2K (Year 2000) Personal Contingency Planning -- Ignore unavailable to you. Want to Upgrade?


To: C.K. Houston who wrote (13)4/13/1998 9:07:00 PM
From: Todd J.  Read Replies (1) | Respond to of 888
 
Gold's looking good...

biz.yahoo.com

Friday April 10, 5:14 pm Eastern Time
Company Press Release
SOURCE: Money Talks

Money Talks: 'Novartis' $250 Million Investment In Institute May Be a Vital Sign for Investors 'Portfolio' Columnist Analyzes Potential of Rebounding Gold Market
NEW YORK, April 10 /PRNewswire/ -- In the ''Portfolio'' column this week, John Tompkins, mutual fund editor of Money Talks ( www.talks.com ) and New York Times and Wall Street Journal alumnus, discusses gold and its improved status in the world market. And, in the ''Medicine Man'' column this week, George Stasen profiles Novartis and the significance of the Novartis Institute for Functional Genomics.
According to Tompkins, last year's bear market in gold seems to have turned around. Per Tompkins, Frank Veneroso, consultant and publisher of a gold information service, believes there is a bull market in gold and it the price per ounce could move up as high as $370. The metal has made an astounding rebound, seemingly overnight, as the price gained $20 an ounce in only a couple of trading sessions. It has rocketed straight up in a way not seen since the early 1980's. What's more, according to Tompkins, gold should play a key role in the proposed European Central Bank, another example of its strength.



To: C.K. Houston who wrote (13)4/14/1998
From: Caroline  Read Replies (1) | Respond to of 888
 
Grand job here.

CK, what's "GPS"?

CB



To: C.K. Houston who wrote (13)4/14/1998 12:51:00 AM
From: jwk  Read Replies (1) | Respond to of 888
 
Cheryl, thanks for getting this important and dangerous thread started. Those of us who are benefitting finacially from TAVA need to be thinking about how to weather the physical effects of a y2k *situation* as well as the financial side.

It will be intresting to watch this disussion develop. Making money on TAVA was the easy part. Figuring out how to stay warm, dry, fed, and safe may be the tougher problem.

Just for the sake of discussion ....... suppose things head fairly far south in terms of problems and disruptions. Not catastrophic, but a ways from the status quo.

Suppose also that I took a bunch of precautions and made adequate preparations.

How do I take a gold coin from my home safe and transact necessary business with it without attracting the attention of individuals less well prepared, and in particular ..... those in that group who may have become more interested in their own well being than in observing the integrity of my personal space and property?



To: C.K. Houston who wrote (13)4/14/1998 5:48:00 AM
From: Brady B.  Respond to of 888
 
I see travel being cut back BEFORE Jan 1, 2000 and dramatically cut back for at least several months thereafter. I expect disruptions/slow-down to start occurring when GPS fails August 21, 1999. Major airlines and airport should be OK - but some smaller airlines and airports won't ... and could cause problems.

1) GPS has only been in use by major airlines for 3 or 4 years. They have numerous other methods of navigation. The Victor airway system, Inertial navigation, Loran, VOR's, NDB's, not to forget the numerous instrument approach systems that are in use. Modern aircraft can take off, proceed enroute and land at the destination airport without the pilot ever inputting manual controls. These airplanes can do everything except taxi to the terminal by themselves. No GPS required.

2) Small airports do not use GPS approaches as their primary approach anyway.

3) Small airlines use alternate approaches in lieu of GPS.

I have a question for you. What is the significance of the August 21, 1999 date? Whats so special about that date?

Brady B

PS: If you are truly interested in a good Y2K software analysis/patch program, check out the CSHK board.



To: C.K. Houston who wrote (13)4/14/1998 10:03:00 AM
From: vpelt  Read Replies (1) | Respond to of 888
 
Cheryl:

I'm curious. In planning for the worst you've included the use of generators for yourself and the relatives you're assisting. Are, or have you, made plans to include gas storage to operate these generators. I would think if the utilities were shut long down enough to warrant the need for individual generators obtaining gas will become extremely difficult.

I know this isn't available to all but my home has wood burning and cooking capabilities and I will be loaded up for the winter. I will have disaster supplies (ie nonperishables, water, flashlights, candles, etc, etc.) as I normally keep.

Otherwise the only other special precaution I plan is to have a 3-4 month supply of cash to cover all living expenses.

vpelt



To: C.K. Houston who wrote (13)4/14/1998 8:51:00 PM
From: Don Westermeyer  Respond to of 888
 
FWIW - A GPS would likely have almost zero effect on air travel, even in the year 2000.

Some GPS receivers may fail, but most won't. Also the ones that fail will easily detect the failure. GPS is not certified for sole means of navigation anyway so procedurally the GPS is not needed except for some 'GPS' approaches which are just coming on-line now. Most GPS approaches are 'overlays' of other approaches anyway so this is no big deal. Also, if the receiver's algorithms aren't already fixed, no way will they actually get into the field by 2000. There is no Y2K business opportunity here.

FWIW - GPS has other, bigger problems (for instance the satellite signals are getting harder to receive due to background noise from cell-phone networks - makes 'holes' in GPS coverage).