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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: yard_man who wrote (36302)	1/1/2000 6:03:00 PM
From: Jon Tara	Read Replies (1) of 99985

re: post Y2K surge in technology orders... (tippet wrote "huh?") There has been quite a bit of speculation (backed-up by surveys) in the IT press suggesting that there could be a significant ramp-up of new software development projects toward the end of the first quarter, once all Y2K issues are out of the way. Apparently, a lot of projects had been deferred due to the effort and uncertainty of Y2K remediation. FWIW, I am a software engineer and work on contract. My contacts with local contracting firms confirm this - they are also expecting an increase in demand around February-March, based on their contacts with clients. Indications are that companies are not simply moving Y2K resources onto non-Y2K projects, but significantly ramping-up and increasing overall IT budgets. While this will mean increased costs for many corporations, it will also mean increased orders for computer hardware, infrastructure, service, and software firms.

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