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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: John Gault who wrote (35068)12/8/1998 8:30:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 94695
 
John,

Yeah, LA has a big problem. There was some discussion about it on the TAVA thread a while back when LA signed them to a contract to check embedded system issues.

State and local gov't, depending on the location, seem to still be the weak link and are the bottom of the food chain with regard to resouces.

But I'm passing a stone over the Chevron 10Q where they detailed that they have only spent some $40 million of the $300 million they have budgeted for Y2K and the fact that they admitted they won't be ready by 2000.

However, I have it from a reliable source that by March we'll likely see more openess about where the nation's infrastructure status is vis-a-vis the privately owned corporations that are responsible for it.

And a note about Korea. I think that the events in that peninsula will only be element of the unrest we will see this winter, given Russia's current condition. The real sticky problem in Korea is the issue of saving face on the part of the north's leadership.

Let's just hope that Kim Jong-il and the powers that be in that nation don't have a similiar penchant for miscalculation as Saddam possessed.

Regards,

Ron