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Technology Stocks : Y2k Why the stock-market will collapse within days/week -- Ignore unavailable to you. Want to Upgrade?

To: JBTFD who wrote (143)	5/26/1998 4:50:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 185

And because many cities rely on coal(some 3 trainloads full a day for some cities) for their electricity many cities would be facing electricity outages. Cities are not isolated. The power grid covers the whole country and an individual city that run short of coal for its own power plants would be able to draw of the grid as long as power is available. The real risk would be if enough power plants ran into fuel shortages to cause system wide risk, not individual cities. Also most power plants keep fuel on hand for a month or two of operation. Many are planning to go into 1/1/2000 with extra fuel on hand. So any breakdown due to coal shortages from a rail shutdown will likely be delayed for a couple of months. The main power risk remains the potential shutdown of nukes due to the embedded chip problem. This is no more than 15 to 20% of electrical generation and is survivable in the period immediately following the date but could be a problem if nodded quickly solved.