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

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To: Bill Wexler who wrote (256)10/7/1997 6:41:00 PM
From: Done, gone.   of 1361
 
>> it seems that the people who are truly in the know - the people who manufacture computers and publish software - do not see this as an earth-shattering issue, unless, of course, they stand to profit from it. <<

Tsk, tsk, tsk. We're not reading, just posting, aren't we, Billy?

I posted this here yesterday. Of course, you dismissed it as hype. No, I won't give you the link again:

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Large corporations are spending roughly 20 percent of their IT budgets on the Year 2000 issue and, as a result, are putting application development and other projects on the backburner.

At a morning panel, Dell Computer Corp. CEO Michael Dell,PeopleSoft Inc. President, Chairman and CEO Dave Duffield, andSybase Inc. CEO Mitchell Kertzman addressed the ripple effect the finding would have on their business.

"The [spending] boom is gone because of Year 2000 spending,'' said Duffield. "And that could result in a major slowdown of deployments.''

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Bounced Czech
(I'll post it as many times as you need, bud.)
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