Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: dave who wrote (27134)	1/27/1999 6:10:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 116762

Re Y2K ... Are Heinz and other major food suppliers cashing in or being benevolent? Hi dave, Not really sure. I think it may have something to do with Heinz and their buddies taking advantage of the depressed commodity prices. Like most people, we got into the habit of having only a little more than a week's food on hand, which is really kind of dumb. We are finding it much cheaper to buy in bulk at sale times, and of course are winding up with quite a bit more food on hand. I think we will probably have 6 - 8 weeks on hand by mid-year. Then we will play it by ear. I am of the belief that Y2K will mostly be a series of major inconveniences, rather than an outright disaster. However, the one biggy that I learned in the great ice storm was that, when you live in the country like we do, you get restored last. Can't say that I blame them as they have to concentrate their efforts in areas with the largest populations, but it makes things worse out here. Also, I think it is a good idea to put some extra food on the shelves to protect ourselves against rising prices and last minute shortages that may develop later in the year. Interestingly, here at the end of the supply chain, we have already seen empty supermarket shelves for brief periods on some of these items, even spaghetti and other pastas, so there must be quite a bit of extra purchasing going on. We have added a generator (mostly to run the submersible pump) and are also keeping a couple of 'used' car batteries on hand for light when the generator is not running. We also have a wood stove for backup heating. I think we will be fairly well prepared for anything from the normal power outages that we get a couple of times per year to Y2K itself. :-)) John