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Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud

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To: Jeffrey S. Mitchell who wrote (189)10/6/1997 10:08:00 AM
From: David Eddy   of 1361
 
Jeff,

"clients" of some of these groups get favorable treatment as incentive to join.

Precisely.

I'd like to see some facts for a change!

I would too.

This is one the fundamental problems with the software industry in general & Y2K specifically. What are we measuring? Lines of code (LoC)? Personally I believe that damage has already been done by fosing on LoC counts as a valid measure. WRONG! Civilians would logically assume that my 10M LoC is twice as much as your 5M LoC... and possibly be totally wrong. It would take a good deal of effort to determine if my 10 is anywhere close (or far away) from your 5. You know this, I know this, but the poor schleps trying to make decisions don't have a clue.

There was an extensive study done by MIT perhaps five years ago. The conclusion was that despite spending hundreds of billions of dollars, there was no evidence that such spending has increased productivity.

For fifteen years my paycheck depended on my programming abilities. Not once was I in a position to benchmark my efforts so that I might improve good habits & eliminate (hopefully) bad habits. As long as I kept my nose clean (sometimes I didn't) & appeared to be contributing to the team, then everything was hunkydory.

But as to how effective or efficient I was... zippo.

So my opinion of the so-called scientific evidence that research firms are gathering is very low. It's ALL highly subjective, because the sources of the data (the clients) barely have a grip on what they're doing. Agglomerating such 'facts' into market research is dangerous.

David
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