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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Robert Lawkins who wrote (1471)10/30/1996 11:46:00 AM
From: William J. Cook, Jr.   of 13949
 
Bob: You ask a key question.
"What are these Y2K companies going to do for an encore?"

Most of the larger companies, the ones tracked here, are in it for the long haul. They are using Y2K projects as OPPORTUNITIES to prove themselves as solution providers on very complex and large-scale, enterprise projects. This is no small feat in the history of Information Systems project management. Organizations that are successful will inherit what I call, "The second wave." This wave is a re-engineering of stabilized systems to garnish the second return on investment in legacy systems. It is the information contained in these systems that is so valuable, not the process. The point of Y2K projects is to protect the data from a corrupt process so as not to corrupt the "INFORMATION" which is contained in the context of the data.

Watch for successful companies in the Y2K business to be highly successful for the next two decades while they take on outsourcing agreements and complex systems development work. Their abilities to bring systems into production before the "event horizon" will be their best reference for future work. There will be MORE work AFTER year 2000 stabilization for the mere fact of all of the business priorities that had to be put ON HOLD while the water was pumped out of the basement. A winner today, will be a winner tomorrow. Most of these firms are not so one-dimensional that they don't have other options ahead of them. BC-out.
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