Keane The leading y2k service provider Message Board

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Technology Stocks : Keane The leading y2k service provider

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To: Mark T. Heath who wrote (200)	12/6/1997 12:23:00 AM
From: Hawkmoon	Read Replies (1) of 1316

Mark, Funny you should bring up the comment by one of the Keane siblings.. :0) I just came home from a meeting in DC where I met someone whose brother works for KEA. He apparently has heard the same thing about KEA from his bro'. There just aren't enough qualified folks out there to go around and the price per line of code will soon be going up thus doubling or trebling the profit potential of Y2K companies as they pass on the costs to their clients. Finding enough qualified personnel to met the needs of clientele just coming to the brink of awareness or assessment on their Y2K problems will become increasingly difficult. This is not just because they will face increasing labor billing costs due to a talent shortage. There is also some increasing awareness of the security risks inherent in Y2K remediation. Imagine a scenario where a leading financial institution hires on a Y2K contract. The service vendor, due to manpower constraints has tapped into foreign talent pools of improperly "vetted" programmers/hackers. Letting these folks run around in some of your most sensitive source code is at least unwise. At most, it is a recipe for even greater damage to be exacted on a computer system. When 'ol 2K roles around and the systems crash, it may not be because of a Y2K issue.... if you can read between the lines. Now extend this to critical governmental systems. I also met a person who works up on Capitol Hill for a certain legislator acutely aware of Y2K, I asked her if she was detecting any measurable degree of concern about the issue in those hallowed halls. She says that awareness is growing, but no one seems to have taken into account the Nationoal Security Issues that exacerbate the entire problem and there certainly isn't any sense of panic. That will soon change in 1998. 2000 may become date that will live in infamy for more than the obvious computer date conflict problem. Do I sound cynical enough?? <vbg> Each and every day that AU goes down in price, the more I'm starting to change my attitude about precious metals as a hedge against unfortunate circumstances. Stay tuned for the GAO report due out on 15 December. I heard the head of the GAO Y2K department on a radio program today. He didn't sound too encouraged and suggested that his comments may be more negative that his last quarterly report. Regards, Ron

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