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


To: James Strauss who wrote (19376)6/26/1998 5:04:00 PM
From: C.K. Houston  Read Replies (5) | Respond to of 31646
 
Jim,

<To get everybody's attention Bill Griffeth could ask what people would do if their air conditioners stopped during this heatwave... He could then segue into the Y2k utilities issue...>

Did you catch CNBC this PM when they were talking about utliities and interviewed Jeff Skilling, COO of Enron Corp? I didn't realize there were current power problems until I turned CNBC on (cause I wanted to find out more when/if TAVA would be on.). I've been in Mexico and D.C. past couple of weeks and haven't followed this stuff.

Here are some quotes that I found particularly interesting:
- "Big generation facilities down."
- "Supply stretched."
- "Running out of power."
- "Capacity restraints".
- "Grid not real effective."
- "Need heavy dose of capital spending."
- "Need to expand capacity."
- "Reduced availability of power."
- "shortfall of supply."
- "Prices higher."

All of the above apparently relates to "El Nino" - warm winter is resulting in a hotter summer.

Utilities are requesting that customers reduce their use of air conditioning because it's putting a strain on the system. The theory is, if and when consumers realize how expensive their A/C usage is ... they'll cut back. Sorry, I live in Houston and I'm not one of those people who is willing to forego comfort to save a few bucks.

When I saw this segment, I thought ... what in the h*ll are we gonna do when we have problems with Y2K in mid-winter up north.

Are we going to have to pay more to have what we have been accustomed to mean "normal" service? Blackouts and brownouts have been already been discussed repeatedly - on the internet and in Senate & House testimony.

One thing I never thought about until today's segment ... that there's the possibility to have to pay more to have what we consider to be "normal/regular" - but not necessarily guaranteed - service. Don't know if it will happen or not. But, it's definitely worth thinking about.

Happens that I have a friend with Enron who's asked me to speak there. Not to the COO. Don't know exactly to who. Some internal group. I wasn't interested in details or discussing at that time. Both times we talked was at social events. Will be doing it as a "favor". Told her I couldn't speak until this fall cause I have too many other personal/business commitments. My sister and her 3 kids (ages 5-13) are visiting me for the month of July, and THEY are my priority.

When & if I do speak at Enron, it will have nothing to do with TAVA - talk will be strictly on embedded systems issues. Just mentioned this cause my eyes lit up when I saw who the featured speaker on CNBC was.

Cheryl



To: James Strauss who wrote (19376)6/26/1998 6:14:00 PM
From: John Mansfield  Read Replies (1) | Respond to of 31646
 
<<
John:

To get everybody's attention Bill Griffeth could ask what people would do if their air conditioners stopped during this heatwave... He could then segue into the Y2k utilities issue...

Jim
>>

Nice idea... probably the interview will also result in planning by CNBC to do additional coverage of the issue, especially if a lot of spectators call/react to CNBC...

John