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Technology Stocks : Data Dimensions

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To: TA Trader who wrote (664)	4/16/1997 9:40:00 PM
From: Staff	of 4571

Your post>>I will make a mistake and you can legitimately jump all over me in your traditional "I told you so manner".<<< I have never done a "I told you so" and I never gloat when a stock goes my way via a post. You never have heard me do this and never will. I've been on the other side of it and it's no fun. I repsect all longs and shorts as we all have our beliefs and put our money on the line. Though I will disagree with the bulls on the Y2K problem, I respect each trader and don't gloat over somone losing money in the market. Unlike you I admit to having made my share of mistakes along the road. I never rub anyones nose in it when it comes to where a stock is currently trading. . Thats why I took offense to the post that misquoted me yesterday. I never said $19.50 here we go - ha ha ha -- thats not my style. I Would never do that to anyone - believe it or not- not even you. As per your position - My guess is which ever way it goes you will have been on board buying at the very bottom and selling at the very top so frankly - I could not care less- besides TA - something just tells me you never make a mistake. So why bother. A day or so ago I read a great post from a programmer who said that this hype on Y2K makes it sound like this is the first time a computer program has ever had a bug. He goes on to say that fixing bugs in programming is an on going process. It's simply another bug to fix. Nothing real majical about it. Is not the first time a computer has ever encountered the problem either. The numbers are so exaggerated . You do not need 1st rate programmers to fix the majority of the code. It can be outsourced to a cheap labor market. I understand India in particular is being touted as a primary target for the outsourcing because of the cheap labor and bodies they have to throw at the problem. As per the government. This is a terrible client to try to land if you are a Y2K Co...... Ask Zitel- they have been knocking themselves out only to find they have to cut margins so drastically that in the end it is not worth the effort. The company has come out and more or less stated they may have made a mistake spending so many of their resources trying to prospect this area. The money is going to be made landing the business in the private sector. This is simply one more bug to fix. Just as viruses a few years back were going to destroy every data base the Y2K , the Y2K is totally over blown scare hype. . We have had similar problems like this in the past such as the leap years to contend with - the world didn't go hay wire- planes didn't crash into mountains - banks didn't shut down - the worlds computers did not stop functioning. These glitches and bugs like this have been handled in the past and for a large part will be done so again without a major panic having to occur. The old main frames will be scrapped and replaced before they spend $1.00/ line to upgrade the old boat anchors. Any main frame over 10 years old will need to replaced within the next 1 to 4 years anyway so what better incentive could you have but the Y2K bug to justify the expenditure now. Bottom line DDIM is a little consulting company that went public fairly valued around $5.00/share. In 4 years they again will be a consulting company valued at $5.00. VIAS and ZITL are trying to beat them there. ZITL seems to be winning the race so far. Fell what 10 or 20% today. What were they $70.00 at the high? What $27.00 or so today? DDIM will follow right along with the VIAS and ZITL's of the sector. DDIM is not immune to the same reality check these stocks woke up to one morning. It will come.

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