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 : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: james h. snyder who wrote (15728)	4/30/1998 6:53:00 PM
From: jwk	Read Replies (3) \| Respond to of 31646

>>>my concern is that russia and her former states operate "x#" nuke power plants.....if they don't have the cash to run their now individual econominies.....how the hell are they going to find the cash to make sure all valves etc work? <<< >> To: BKrish (14758 ) From: Ron Harvey Monday, Apr 13 1998 12:57PM ET Reply # of 15728 From the London Sunday Times here's an article and a reaction to it: Sunday Times of London, 4/12/1998 > Nuclear fears on millennium > bug in Russia > > by Matthew Campbell > Washington > > > WESTERN intelligence is warning of possible nuclear > "meltdown" in the former Soviet bloc as a result of the > so-called millennium bug. This is expected to cripple > computers worldwide at midnight on December 31, 1999. > > Intelligence sources say some of the 65 Soviet-made civilian > nuclear power plants scattered across the former Warsaw > Pact countries could malfunction as their computers fall > victim to the "Y2K" (year 2000) glitch that makes them > interpret the 00 date as 1900 instead of 2000. > > America, Britain and France have been quick to see the > dangers. But anxieties about Russian nuclear safety, branded > on global memory by the 1986 Chernobyl disaster, have not > been diminished by Moscow's assurances that the problem is > "under control". An intelligence source said: "Russia's nuclear > industry is in desperate straits. Throw in Y2K and you could > have a giant Chernobyl on your hands." > > > Even if the Russian government heeds the warnings, it may > not have enough computer experts to go round. Russia has > 29 civilian nuclear reactors, 11 of which are models similar > to the one that exploded at Chernobyl, in Ukraine, releasing > 200 times as much radioactivity as the atomic bombs at > Hiroshima and Nagasaki. Other former Soviet bloc countries > have 36 more reactors. Western experts believe many are > already unsafe. > > > ______________________________________- > > > > There is not the slightest doubt in the world that if they don't shut the > plants down there will be a multitude of nuclear 'excursions.' > They have not got a prayer of remediating their systems. > > That means that they are completely enscrewed due to their overwhelming > dependence upon nuclear energy. > > > If I were taking bets, I would put my money on more than one Chernobyl style > disaster. Maybe one that will make Chernobyl look like a greasy spot on a > tie. They are too foolish to shut down. > > > Paul Milne > sunday-times.co.uk.