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

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To: Daniel who wrote (349)11/9/1997 5:27:00 PM
From: David Eddy  Read Replies (1) of 1361
 
Daniel/Dan Allen -

My recommendation: trust no one who offers no evidence.

This is a tough one, since I'm not sure of the context... a very real problem with explaining Y2K issues is that there is astonishingly little substantive evidence. This is because most companies really don't have a much of a handle on what they're doing with their information systems.

There are attempts underway to remedy this (SEI CMM - Software Engineering Institute, Capability Maturity Model), but we're in the very early stages. The CMM is largely driven by the DoD. There are five stages of maturity. Stage one (75%+ of enterprises) is essentially random success, where success/failure of software projects is primarily driven by the individual personalities doing the tasks... there is minimal measurement (other than shear consumption of man-hours) and virtually nothing is repeatable from project to project.

Bottom line... there is very little solid, scientifically normallized data/evidence that makes sense. We're only 40 years into the software trade & we're very much winging it.

That's what makes Y2K scary.

- David
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