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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Satish C. Shah who wrote (3412)	12/20/1998 1:17:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 12475

How would you like to retire in one day? Read on.... Hi Satish: Glad you liked (?) the story by by Kamala Das.Perhaps the commonality of the 'desultory' themes of Kerala writers have something to do with the genes of Keralites,you think? I guess we are the 'country cousins' of the other three Southern states,we like to take things easy and not rush into things.<g> ================================== As bug as it gets Harshad Oke -------------------------------------------------------------------------------- End of the world stories are always fun. Read any newspaper or magazine these days. Chances are that you will be inundated with articles predicting doomsday on December 31, 1999. The world may not end, but initial simulation test results range from the bizarre to the ridiculous. Nobody knows the outcome, but it's definitely time to sit up and take notice. A few days ago, the county of San Francisco Bay area went without power for over six hours. Though the power cut was restricted to an area of 49 square miles, the reason was worrying: the county thought its electrical supply was Y2K compliant and deliberately changed its clock to the date. Chrysler tried a similar exercise. One of its plants was being modernised, and the company changed the dates on its computer network. No, their assembly line was not affected. Neither did the systems crash. But before the workers could hooray their unscathed existence, they realised that the factory doors had closed magically, locking them inside. These are not ordinary doors. The doors are equipped with a magnetic locking device which has a timer and date logic built in. In fact, the fear is because of these "embedded" microprocessors, which have to be physically yanked out as they can't be re-programmed (because they are read only chips). As a result, many people have planned to hoard up the essentials. One major corporate body in India is planning to hoard up on diesel. Why? Well, if the electricity fails, they have enough generators to run their business. At a more bizarre level, most are planning to empty their bank accounts and keep the money at home. Anticipating this, the US government is planning to print extra dollar notes worth $50 billion so that there is no run on the currency. But there is one good thing that is expected. If you join any company in December 1999, you will be retired the very next day. You see, the computer will think you are 100 years old, and pay you post-retirement benefits. Now how's that for some real quick money? economictimes.com