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Technology Stocks : Data Dimensions
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To: Pete Mason who wrote (4216)2/9/1998 5:57:00 PM
From: Paul van Wijk  Read Replies (1) of 4571
 
Pete,

What I mean is; do you really expect that all the Y2k-bugs are fixed
within 2 months after 1 jan 2000. It is at this moment a known fact
that it is impossible to fix all the bugs in time. (Latest numbers
I heard are speaking about 60% of the Y2k-projects will be completed
in time).

Do you really believe that all the changed systems work perfect
on 1 jan. 2000. Or could it be that there is a hell of a lot work
to do when all the sytems world-wide get their real test all at once.

BTW Are you familiar with the fact that 29 feb. will/can also cause
some trouble.

I have no idea what will really happen 1 jan 2000. But to assume
business is over at that moment is (a little bit) naive.

Also keep in mind that their is, and will be for at least the next
few years, a tremendous shortage of IT-personel. That gives all the
Y2k-companys who focus on consultancy & service (not the software,
Ardess is totally irrelevant for me) a good chance to restructure
and focus on other kinds of business after 2000.

I'm not saying that I'm right because I don't have a crystal ball
to predict the future. But things are not as simple as some bears
on this thread still think.

But I totally agree with them that ZITL is a lousy company. I also
read the Dave Stewart-report a year ago, I heard the "Soros-rumours".
It was a joke.

But don't expect all the Y2k-companys to go the same way, and end up
with nothing. (forget the software, look for consultancy & services
& testing)

Anyhow, time will tell. Good luck and have a nice day.

Paul
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