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Technology Stocks : Data Dimensions

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To: taxikid who wrote (1860)6/24/1997 2:34:00 PM
From: ItsAllCyclical   of 4571
 
Here's another article worth reading about EDS's y2k efforts.

techweb.com

In particular look at the snipet below...

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David Jones, president and chief executive of Reasoning, said in
benchmarks Reasoning/2000 enabled a single programmer to analyze
and remediate more than 100,000 lines of Cobol code in a 40-hour
period. He said analysts estimate that programmers using
first-generation tools can convert only 200,000 to 400,000 lines of
code per year.

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This is why I believe the estimate of 300-600 billion will be reduced: new efficiencies of technology. At 100,000/40 hrs is 2,500 lines per hour. Even at a rate of $250/hour which is high, this would be .10 cents per line of code. The original estimate of 300-600 billion assumed close to $1 per line of code. The tools have improved this much is 6 months. The efficiencies are only going to get better. I'm not stubborn, I'd go long if I thought the fundamentals would be there...

Jim
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