Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Quad Sevens who wrote (11709)	10/15/1997 3:49:00 PM
From: CalculatedRisk	of 18263

Wade, <on topic> there are two key pieces of information in this news release (for us Y2K'ers!). First, the cost per LOC must be close to $1 or so. Second, the project is over 50% complete. Neither of these numbers are surprising. The LOC charge is in line with other companies that are doing the conversion "in-house". And we know that the average large company in the U.S. is over 50% compliant at this time. (IW 9/22/97) Regards, Bill

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