INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation

IAIC 4.280

+12.3%

Dec 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffrey S. Mitchell who wrote (1286)	2/21/1998 1:57:00 PM
From: RikRichter	Read Replies (1) of 2011

Informative Y2K Article in Barron's Feb. 23rd Edition Monday's Barron's makes a distinction between Y2K stocks which are outperforming versus underperforming within the overall Y2K sector. As many of us know the Y2K body shops have been the stock market winners lately. Barron's stated that at the present time most companies would prefer to outsource their Y2K conversion code requirements rather than fixing the problem in-house. This frees up their in-house IT professionals to perform other needed tasks. After reviewing IAIC's latest three contract announcements this week, it sure looks to me that IAIC's Y2K conversion factory in Fairfax, VA has been successful in obtaining outsourcing work, witness: Feb. 17: IAIC to remediate 1 million COBOL LOC's in IAIC's Fairfax conversion factory for Bureau of National Affairs. Feb. 18: IAIC obtains subcontract from CDSI to remediate 2.4 million UNISYS COBOL LOC's in IAIC's conversion factory in Fairfax for US Navy's Defense Industrial Financial Management and Naval Air Command Industrial Materiel Management Systems. Feb. 19: IAIC together with CACI International to remediate 1.2 million CA-ADS and CA-IDMS COBOL LOC's in IAIC's conversion factory in Fairfax for Naval Ordinance Center. AFAIK, IAIC's UNICAST/2000 is in use in 24 conversion factories which fits nicely with the trend at the current time for companies and government agencies utilizing outsourcing for Y2K. As time and labor constraints accelerate as the year moves on, the ability to use UNICAST/2000 in-house will be a viable alternative for those entities having no other choices. Tick, tick, tick ...! Regards.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next