Companies relying on computer parts before 12-99 should check with their suppliers. The earthquakes in Tawain have destroyed computer parts manufacturing facilities pergreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
CBS Evening News tonight which reported that the loss of these factories was a reason for the decline in some stocks that manufacture these computer parts. Although the Y2k link was not addressed (or recognized), it would appear that equipment that will need parts made in Tawain may not be delivered on schedule. If the parts are needed to remediate utility, bank, pipeline, telephone facilities etc., this could result in additional Y2k failures. Are you listening NEC, EERC, and other regulatory bodies that have allowed these facilities to report remediation completed based on work to be done by 12-99. Murphys law has struck again. The factories were moved overseas to cut labor costs. Now the parts needed for remediation may not be available and the companies will lose profits and others may face bankruptcy due to these events. Innocent people will suffer.
-- Moe (Moe@3stooges.gom), September 21, 1999
I have believed for months that Red China would take Taiwan shortly after 1/1/2000 hits. Any companies operating under this same assessment will IMO have probably already have begun looking for alternate chip supply sources. Of course, they may not have planned for the eventuality of reduced access to Taiwanese chip supply sources this early. The best-laid plans of mice and men...
my site: www.y2ksafeminnesota.com
-- MinnesotaSmith (email@example.com), September 21, 1999.
Ten percent of US computer parts are manufactured in Taiwan, that's one reason why the NASDAQ took a hit today. Expect more big hits to come.
-- stock watcher (firstname.lastname@example.org), September 21, 1999.
Sure glad I got my puter at rock-bottom prices. The price of a Pentium III 500 just went up to $3000. Hasta La Vista Senor Nasdaq!
-- @ (@@@.@), September 21, 1999.
We will never be able to replace the "parts" that were lost this week in Taiwan.
-- grngrl (email@example.com), September 22, 1999.