From the print edition of USA Today: "...Widespread failure of electrical, gas and similar supplies by utilities serving Enron domestically and internationally; widespread disruption of the services of communications common carriers domestically and internationally; similar disruption to means and modes of transportation for Enron and its employees, contractors, suppliers and customers; significant disruption to Enron's ability to gain access to, and remain working in, office buildings and other facilities; the failure of substantial numbers of Enron's mission-critical information hardware and softwaresystems, including both internal business systems and systems controlling operational facilities such as electrical generation, transmission and distribution systems and oil and gas plants and pipelines, domestically and internationally; and the failure, domestically and internationally, of outside systems, the effects of which would have a cumulative material adverse impact on Enron's mission-critical systems...Enron could also experience an inability by customers, traders, and others to pay, on a timely basis or at all, obligations owed to Enron. Further in this scenario, th;e cumulative effectof these failures could have a substantial adverse effect on the economy... the adverse effect on Enron, and the diminution of Enron's revenues, from a domestic or global recession or depression also is likely to be material, although not quantifiable at this time."

-- Spidey (in@jam.typing), October 11, 1999

Answers

Folks

I have posted a thread listing SEC Filings by industry.

 A long list of SEC Filings 

Also here is Enron's SEC filing

 ENRON CORP/OR/

And a few snips from some of the industries I have posted on the forum

SEC Y2K disclosures and the Retail Corps. (Quotes)

 SEC y2k Disclosures and the Health Industries. (Quotes)

 SEC Y2K Disclosures Oil Industry (Quotes)

-- Brian (imager@home.com), October 11, 1999.

How many sleeple lightbulbs will go off reading this as they munch on their bran breakfast muffins?

-- Ashton & Leska in Cascadia (allaha@earthlink.net), October 11, 1999.

I don't know A&L--I am a total Y2K believer. However, if I have been desensitized to all the bad news (of which this is some), just imagine how "brainwashed" the sheeple are and how much it will take to get a lightbulb to "go on". I tend to think that the sheeple will say, "well this is just the worst case scenario and it won't happen".

-- tt (cuddluppy@yahoo.com), October 11, 1999.

In the USA Today article today it states,"While no one predicts devastating system failures, several companies draw apocalyptic pictures." Very few have had the courage or character to even draw the pictures let alone predict disaster. People have been lied to by the corporations in non-SEC PR and the consequence of this will be panic like we've never seen. Please make your final preparations NOW and stay clear of the stampede.

-- PJC (paulchri@msn.com), October 11, 1999.

Very interesting because Enron tried and probably has succeeded in some cases due to deregulation, picked off some industrial customers from PG&E here in California. They tried to pick off residential customers but were unsuccessful and backed off trying. However, the power grid is all TIED together! PG&E are the distributors of the power and they still generate some power in California (Diablo Canyon Nuclear Power Plant, and several hydro plants). People don't realize how one power company depends on another and another, but what about their suppliers of power lines, transformers, gas meters, pipe, power poles, etc. It's mind boggling! Guess my preps aren't finished after all.

-- bardou (bardou@baloney.com), October 11, 1999.

The pipes ARE gonna blow. There WILL be fireworks on New Year's Day.

-- Ashton & Leska in Cascadia (allaha@earthlink.net), October 11, 1999.

A 'worst case scenario' is just that - a scenario, a 'possible' scenario. Our contingency plans have a 'worst case' too. Our federal examiners said we HAVE to come up with one. We just referred to one of the better sci-fi novels in the local bookstore. :-)

Deano

-- Deano (deano@luvthebeach.com), October 11, 1999.

"We just referred to one of the better sci-fi novels in the local bookstore"

oh hey Deano, I saw that book, it had your dead, mangled corpse on the cover, right?

-- Michael Taylor (mtdesign3@aol.com), October 11, 1999.

egads...sorry Deano...I'm in a mood and couldn't resist : )

Mike

======================================================================

-- Michael Taylor (mtdesign3@aol.com), October 11, 1999.

bwaaaaahahahahah

thats funny!

-- Cory Hill (coryh@strategic-services.net), October 11, 1999.

Good thing these are self-reported scenarios and therefore can't be trusted. Otherwise some of us would really start to worry. Unless, of course, self-reported mysteriously starts becoming "facts" even if these are NOT statuses, they are pure speculation.

-- Flint (flintc@mindspring.com), October 11, 1999.

Flint, are you saying what ENRON reported to the SEC is inaccurate or their scenario is not a possibility? Have you even read what they reported to the SEC?

-- bardou (bardou@baloney.com), October 11, 1999.

bardou:

I read Enron's report. Of course they are describing a possibility. They consider it low probability, but still possible. I agree on both counts.

I'm just trying to say that this is NOT a status report, nor is it anything close to what Enron expects. This is a worst-case scenario as required. Let's hope it's no more than that.

-- Flint (flintc@mindspring.com), October 11, 1999.

I agree Flint. If they are describing a possibility, where did they get the ideas for the possibility? Do you think they have "Think Tanks," sitting around a table coming up with these scenarios? I can tell you for sure on the middle management and even semi-upper middle mangement level they do not think in these "worse case scenario terms." They must have outside consultants that do the "thinking" for them? What's your thoughts?

-- bardou (bardou@baloney.com), October 11, 1999.