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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jon Tara who wrote (4301)7/27/1997 8:42:00 PM
From: Roger A. Babb   of 9285
 
Jon, I agree that the y2k problem does exist. But mainly it is an excuse for upgrades IS departments wanted to make anyway. It is just not a big deal, I wrote some of those legacy systems and have updated some (my OSA company does y2k work for power companies among other duties). Most of the y2k work will go to big companies like EDS and IBM or the the original vendors such as myself, but we won't get rich on it either, we are "expected" to support our products at reasonable hourly rates.

In my opinion Zitel is not going to make money in y2k and I have been heavily short since December. My second most profitable short.
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