[interdoc-y2k 311] yardeni

[CMBH71C@prodigy.com (MS SHELLEY V CORBIN)]

how do you know if the supply pipeline is y2k compliant? and how
much reserve is that? are these reserves already refined?  its my
understanding that the recession of '73 started with a 5% reduction
of oil supplies. i am not a computer geek, but it sounds totally
unrealistic to expect countries now only just becoming aware of the
y2k problem to have their industries compliant in only a few months
into the next year. i really dont understand how that could happen.
only a 5% reduction

Hi 
I suspect its to do with the length of the supply pipeline which 
would have the effect of cushioning a supply end problem, hopefully 
long enough for corrective action to be taken and the shortage made 
up before the impact is really felt.

Henry