af
you're lou refered the revenue decline to the y2k frozen zone of their customers. but again i'm wondering why ibm's
customers have been the only ones who lowered investments
in the 4th quarter 99?
do you really think revenues will increase for the next quarters
First of all, I am not lou, and I have no idea what ever made you say I was, or what it means.
Beyond that, the Y2K issue was in large part a mainframe issue. It came from the days when a half megabyte RAM system cost millions of dollars, a hard disk that held 29 megabytes cost a couple of thousand dollars, and the drive to put it in to read or write it cost tens of thousands of dollars. Programmers we paid to make the most efficient use of very costly resources. It was much more cost efficient to record a 2 digit year, and have the program insert a constant for the other 2 digits. It was not a bug. A bug is a mistake in programming logic. The use of a two digit year was done very much on purpose.
Now, how many computer mainframe manufactures do you know of that were around in the 1960's, 1970's, and 1980's and are still in the business? I can assure you that all of them, 100% of them, had customers that cut back on purchasing new equipment in the 4th quarter of 1999.
Do I really think that revenues will increase in the next quarters? You bet I do. Check back the end of January, 2001. I'll give you an I told you so.
William |
