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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

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To: Matthew F. Kern who wrote (921)9/23/1997 1:58:00 PM
From: Sid Turtlman   of 2011
 
Matthew: I found the source of my recollection that the number of lines of code was much lower than the 20 billion you suggested. It was a Bloomberg article dated 6/20/97 on IAIC, basically pretty positive.

The article quoted a Marc Sokol, an executive in CA's advanced technology division, who said that the number of lines of code that IAIC product might potentially address is in the "hundreds of millions". That is a lot of lines, surely, but a lot less than 20 billion. If the going rate is $.10 per line, and IAIC gets 100% of the potential market (both optimistic assumptions) then the potential revenues to IAIC would be under $100,000,000.

That is a lot less than the Newby analyst projected, but maybe the Newby analyst knows more about the subject than a technical executive of CA.
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