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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Gerald L. Kerr who wrote (1486)8/1/1997 2:00:00 AM
From: Jeffrey S. Mitchell   of 10786
 
Re: Some ALYD History to Explain CEO Gruder's Remarks

As an example of Bob Gruder's supposed penchant for exaggeration, the WSJ writer quoted him as saying ALYD would have 1000 employees by now. Well, as one reporter would say: "Here's the whole story".

Anyone who has followed the technical side of the Y2K issue for a while knows that the in-vogue code remediation method last year was "expansion" [Simply put, it means two character years become four; i.e. "8/1/97" becomes "8/1/1997"]. Since you are actually changing existing data, suffice to say you need a multitude of warm bodies to get the job done. Hence, ALYD's business plan called for 1000 employees to obtain the throughput they desired.

Back in January, ALYD sensed that companies wanted something "safer": Windowing [You pick a cutoff year; everything after that year is assumed to be this century, and everything before it is the next]. They then put all their efforts into their Windowing software and, low and behold, starting nailing contracts. And, guess what? They got the same throughput with tons less bodies.

To the WSJ reporter (who obviously reads this thread since he mentioned SI in his article): don't you think you owe Bob Gruder an apology?

- Jeff
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