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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Investor2 who wrote (2155)11/18/1997 2:51:00 AM
From: Greg Luke  Read Replies (1) of 42834
 
I hate to admit it, but I remember writing computer code in dBase when computers had precious little memory. From what I can tell, some of those old programs are still around in the government sector. Unlikely places like keeping track of unemployment or disability payments. Think about it, an employer continues to pay Social Security taxes for the employees in the same way they did 30 years ago. So, many of the government agencies have neither the means nor the desire to revamp their programs.

Private industry probably has upgraded its programs many times to increase efficiency.

For example, I was in a big distribution warehouse today. In the past, they had to move stock around so that applesause was at one end of the building and Windex was at the other end. If someone like Snapple came along, they had to move the stock to make room in the middle of the warehouse. This was a lot of moving around in a warehouse.

Now, they put their stock on any shelf anywhere. When an order comes in, the computer just prints out a listing of each item as it is located on the self. That way, the clerk just walks down the isle and picks off applesause on one side, and Windex right next to it. Snapple is at the end of the warehouse, because that is where it fit!

Computers run American industry; and competition insures they are up to date. I really doubt that the YK2 issue is going to be a real problem with private industry.
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