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Technology Stocks : Zitel-ZITL What's Happening
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To: CalculatedRisk who wrote (11710)10/15/1997 4:04:00 PM
From: Quad Sevens   of 18263
 
CR: Fascinating. You previously posted that the early y2k estimate had been $1/LOC, and then quite clearly stated that y2k costs had decreased dramatically from that. Now you state that "the cost per LOC must be close to $1 or so" for DLJ, and that this number is not surprising.

Conclusion: $1/LOC is dramatically less than $1/LOC, and this is not surprising. Anyone have any questions?

Best, Wade
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