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

To: flatsville who wrote (4729)	3/17/1999 10:02:00 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 9818

Flatsville, I'm not arguing the case of whether or not they may be a shortage of refined products after 2000 (we do have the strategic reserve of crude to help soften shortages of crude). What I was arguing was the inference that Bruce Webster possessed first-hand knowledge that their would be a fuel shortage due to a disruption of refinery operations. Bruce is a great guy, but he is relegated to basing his analysis on the data he is receiving second-hand from Senate reports and other analysts, just like the rest of us. I don't believe he is speaking directly with engineers working on remediating embedded systems issues at refineries. For that kind of data, I tend to look at commments from TAVA Technologies which IS working on those issues with their petroleum industry clients. As I said, the next time I see him (which may be next month), I'll try to remember to ask him. But I believe my analysis of his comments is accurate. Again, I'm not arguing there won't be a fuel shortage as we wait for refineries to start operating again. I rather agree that the chances are high that there will be. But can I produce evidence gained from first-hand experience to back that analysis up?? Nope. And not too many others can either. We can only infer based upon the logic of the argument. And if I recall correctly, the relatively slow demand months of winter are generally when refineries curtail their operations to perform annual maintenance and upgrades anyway. Regards, Ron