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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jack Zahran who wrote (8562)1/7/1998 5:23:00 PM
From: Jack Zahran   of 31646
 
The End Is Near
The deadline for y2k projects is approaching faster than manufacturers think, Owen warned, and the only way to meet it is to get started now. "For many of our manufacturing clients, we're already in triage, where you aren't going to get everything addressed on time." Customers need to stay focused and be almost militaristic in prioritized implementation, he added.

If that deadline is missed, facilities will run into problems that will require a long time to resolve. Joining the costs of litigation and the lost revenues will be a huge bill to pay for troubleshooting.

Miklovic compared the situation with the old TV commercials for Fram oil filters: "'You can pay me now, or you can pay me later.' You can make intelligent decisions up front to replace, patch, or learn to live with them, or you can wait till later. If you wait, you'll also have to pay for the diagnosis and make those same decisions all over again."
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