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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: flatsville who wrote (3984)	2/19/1999 11:28:00 AM
From: Ken Salaets	Respond to of 9818

Hell, people have been packin' their own water into DC for years. Perhaps if you had four weeks' worth, there'd be something growing in it that might be edible. ggg. Ken

To: flatsville who wrote (3984)	2/19/1999 12:56:00 PM
From: Jeff Mizer	Respond to of 9818

Don't take electricity for granted... From AEP 10Q report See below an example as we all hear on the news how our electricity is going to be fine-- yet when you read below the bottom part of American Electric Power last 10Q report to the SEC you see some red flags. ********************************************************************* Little paragraphs like this ............ " In addition, although as discussed the Company is monitoring its relationships with third parties, such as suppliers, customers and other electric utilities, these third parties nonetheless represent a risk that cannot be assessed with precision or controlled with certainty." << Wow that makes me feel better >> "Due to the complexity of the problem and the interdependent nature of computer systems, if our corrective actions, and/or the actions of others not affiliated with AEP, fail for critical applications, Year 2000-related issues may materially adversely affect AEP." << The media doesn't tell us the fine print about what the power company says ???? >> "Investors are cautioned that such statements and estimates could differ materially from actual results because of factors referred to specifically in connection with such forward-looking statements and, in addition, the following other factors, among others: * Continuing availability of experienced consultants and IT personnel and related resources << hmmm >> * Ability of third parties to complete their Year 2000 remediations on a timely basis and accuracy of representations made by such third parties concerning their Year 2000 readiness << so we are depending on the honesty of the others "accuracy of representations" in the electric supply chain ? >> Jeff