Pete,
From a programmer's perspective, Y2K may only be a serious challenge that they know they will eventually fix. However, from a business operations perspective, it is CRITICAL.
I don't know who you work for, but maybe you can give us a synopsis of what will happen if your firm succeeds in making its remediation, but its suppliers, and/or customers, don't.
I heard a report that GM is so worried about it ability to continue business as usual that it has taken its Y2K education/advisory process 14 layers deep in its vendor chain. They seem to recognize that in an era of just in time delivery even small lapses in receiving critical components can have a drastic impact on their ability to maintain operations.
Now let me ask you, with all of the work that needs to be done, you're telling me that their is "NO WAY" that DDIM will participate in a manner that be profitable for them?? Doesn't that slightly stretch credulity?? And since we know that their will be continued work necessary beyond 2000, you are saying that DDIM's expertise will not be in demand after the turn of the millenia??
And yes, quite frankly, I believe that many company's will realize that they are drastically behind the power curve relative to Y2K, and since resources will be constrained, Y2K consultants will be able to charge even more. And the customers will pay it. Why?? Because it takes time to re-invent the wheel and time is something businesses are quickly running out of. DDIM has been involved in Y2K for years in varying degrees and has an accumulated knowledge base of project management that will be highly in demand.
But I guess you'll have to discover this on your own. I don't believe DDIM will disappoint in this quarter's earnings since they obviously guided the analysts as to what they felt they would be comfortable in meeting. This will provide upside pressure to the shares.
Just my humble opinion.
Regards,
Ron |
