SI
SI
discoversearch

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: baggo who wrote (16999)5/15/1998 2:51:00 PM
From: Kathy Riley  Read Replies (1) | Respond to of 31646
 
My guess Brice is that institutions that did not want to pay 14
have been buying since lows. Alot of buying today. I think that
the institutions that had taken positions in TAVA before may be
accumulating more shares at these levels.

Best regards,

Kathy



To: baggo who wrote (16999)5/15/1998 3:55:00 PM
From: John Mansfield  Respond to of 31646
 
[COWLES] The weekly Cowles column!

'May 15, 1998

Y2K and Embedded Controls in
the Electric Industry - It's an
Issue of Magnitude

By Rick Cowles

I receive a lot of correspondence asking for
examples of Y2K non-compliant embedded
system components that a typical electric
company would have to address in the
course of a Y2K program. Here's an example
that's in my arsenal, and publicly available
for your perusal and confirmation.

Bently Nevada Corporation is a leader in the
field of rotating machinery real-time vibration monitoring
(pumps, turbines, compressors, motors, etc.) and eddy
current testing equipment. They have a stranglehold on this
market in power generation plant business; in fact, Bently
Nevada is the vendor of choice for vibration monitoring in most
large industrial environments that deal with large rotating
equipment.

A high-speed turbine has vibration monitoring installed for two
reasons:

1.Performance trending over a period of time; i.e. for
predictive maintenance purposes.

2.If the turbine becomes unbalanced for any reason
(wipes a journal bearing or whatever) the turbine will be
automatically stopped as a safety measure to keep the
turbine from flying apart.

Faulty turbine vibration monitors will trip a turbine and shut
down a power plant (I've personally seen this happen twice at
a nuclear power facility; I even wrote the event reports for both
occurrences). Until the vibration monitoring equipment is fixed,
the large, rotating asset (turbine, circulating water pumps,
etc.) can not be returned to service. Plant insurance rules will
not typically allow the large, rotating asset to be run without
vibration monitoring.

So, where does Bently Nevada come into the Y2K picture? I
invite you to take a trip to Bently Nevada's Web site, and
review the list of Y2K compliance of their products and
equipment: You will find a lot of totally unsupported equipment
and software, and a lot that requires upgrades for Y2K
readiness.

For the world class readers among you, note that I'm not
picking on Bently Nevada. They've done a marvelous job
coming clean with their skeletons. But Bently's list points out
the level of effort that would be required at a large power
facility just to assess and fix Bently's stuff.

I've said it before. Fixing Y2K embedded systems in the
electric industry is not a matter of complexity, it's a matter of
magnitude, of commitment to fixing the problem, and of
understanding all of the peripheral ramifications
(such as the
insurance issue noted above).

y2ktimebomb.com



To: baggo who wrote (16999)5/15/1998 4:02:00 PM
From: JDN  Respond to of 31646
 
Dear Brice: No, I am sneakier than that. JDN