Hi Sondo -
I guess I'm in for the slaughter--I shorted at 21 and didn't cover today at 20 (though I did cover part of my position at 20 yesterday). As the millennium problem continues to be attacked, a lot of companies join the fray, and profit margins shrink--the law of supply and demand. This is apparently why Zitel failed--Titow tried to keep high profit margins and simply got no customers. Windowing--which allows you to keep using the old code until you want to replace the whole thing anyway--is Matridigm's new solution; it will be cheaper, convenient, and take off the pressure to spend billions all at one time. DDIM will have lots of work, but not lots as in huge expansion rates--just lots to keep them busy, fighting for profit margins, fighting to retain their programmers. The world's market economies are simply not inefficient enough to permit DDIMs current valuations for a long period. The y2k problem is a straightforward programming problem, where a very large number of people and corporations have expertise. Paradoxically, the more attention this problem gets, the lower the price of DDIM will go, as the real problem will be realistically addressed in a large number of practically efficient ways. I doubt even the stock market is silly enough to value these companies in the frantic way they were valued at New Year (ACLY, ZITL).
Betting on DDIM is un-American; it shows lack of faith in the basic efficiency of the world's largest capitalist economy. Hey, I'm joking :-)
Kailash |
