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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Steve Woas who wrote (11187)	2/12/1998 5:27:00 PM
From: John Mansfield	Read Replies (2) of 31646

'Internet year' Another thing came to my mind regarding immovable time horizon etc; and changed business rules/investment rules re. y2k companies and TAVA in particular. Remember the new term 'internet years'!? This I think was a term introduced 2 -3 years ago. What was the background: Software co's such as Netscape invented a new production/release model: - make a new mayor release every 3 months, instead of 1 year as it was customary before 'internet times' 3 years ago. - this was made possible because of the new distribution model: -- download version thru the internet; and -- name very good production code 'beta version XX.YY'; and let the users test it to a large extend; instead of doing the testing all inhouse. Beta-version can not be complianed about; remember! This also speeded up the upgrade cycle dramatically. Microsoft was forced in 1996 to follow this model, just to catch up on Netscape. MSFT had to restructure their company drastically just to be able to do this (I read most of this in internet journals last few years; nothing new for readers familiar with this story). An 'internet year' is lets say the 3 months version cyclying that compares to the 'normal' software 1 year. So in the internet business, product cycles got speeded up 3-5 times. This meant that a time advantage of an internet company of 3 months corresponded to a time advantage of 1 year for other 'normal' software co's (e.g. database vendors) (think again of Netscape). I expect that (in face of the deadline only 22.5 months from now) that a similar mechanism is working in the y2k field. I.e. an advantage of a y2k company of 3 months would translate to a time advantage of e.g. 1 year of a 'normal' business (maybe more, maybe less; just to illustrate my point). So that advantage is very difficult to catch up to! (think of MSFT trying to catch up to Netscape; that took them more than 1 year!). (nowadays for the mature browser market; cycles are not 3 months anymore. I just took this to illustrate my point). Regards, John

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