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Technology Stocks : Y2k - 1/1/1999 failures in coming weeks -- Ignore unavailable to you. Want to Upgrade?

To: Alastair McIntosh who wrote (49)	1/13/1999 9:31:00 PM
From: JMarcus	Read Replies (1) \| Respond to of 65

You are quite correct that all of the nuc. safety shutdown systems are analog and therefore immune against the Y2K bug, but that does not put to rest the concern about plants shutting down this July. The NRC wants all systems to be compliant by then, or it will require the plants to be shut down. The NRC's mission is safety and it doesn't want any mishaps, such as workers being inadvertently exposed to elevated levels of radiation. Much of the safety monitoring equipment is digital and potentially vulnerable to the Y2K bug. Even the article you linked us to admits this, stating: "10 percent of the plant safety and operating systems analyzed for potential Y2K issues need to be remediated. Nuclear plants performing Y2K work have completed, on average, more than 30 percent of the needed corrections and replacements." Here it is January and they've only completed 30% of the needed repairs! Manufacturers of digital controls are reportedly experiencing many backlogs because of so many orders for replacements to noncompliant units. Why should we feel assured that the nuc plants will meet the NRC's July deadline? Stressing that the nuc's safety shutdown systems are analog is all smokescreen IMHO.