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Technology Stocks : Discuss Year 2000 Issues

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To: Don S.Boller who wrote (877)	1/14/1998 10:42:00 PM
From: Quad Sevens	of 9818

<<< ABBY COHEN PICKS PSFT >>> Interesting. The CEO of PSFT voiced a different opinion. ------------------------------------------------------ October 6, 1997 6:00 PM ET At Gartner Symposium, industry execs grapple with fallout of Year 2000 By Lisa DiCarlo, PC Week Online ÿ ORLANDO, Fla. -- Large corporations are spending roughly 20 percent of their IT budgets on the Year 2000 issue and, as a result, are putting application development and other projects on the back burner. That was the unsettling finding voiced here today at Gartner Group Inc.'s IT Symposium. At a morning panel, Dell Computer Corp. CEO Michael Dell, PeopleSoft Inc. President, Chairman and CEO Dave Duffield, and Sybase Inc. CEO Mitchell Kertzman addressed the ripple effect the finding would have on their business. "The [spending] boom is gone because of Year 2000 spending,'' said Duffield. "And that could result in a major slowdown of deployments.'' ------------------ Wade

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