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

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

IAIC 4.280

+12.3%

Dec 16 4:00 PM EST

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To: TEDennis who wrote (1361)	3/27/1998 8:07:00 PM
From: RikRichter	Read Replies (1) of 2011

Remember IAIC's news release on 3/17/98 which stated that UNICAST/2000 for CA-ADS has been selected by "one of the US' largest banking organizations" for Y2K remediation, I came across an "American Banker" article from March 23rd which gave a synopsis of the money being expensed by the some of the largest US banks for the Y2K fix. Here is the US banking industry's Y2K scoreboard according to AB: 1. Citibank: $600 million 2. BankAmerica: $380 million 3. Chase Manhattan: $300 million (up from $250 million) 4. JP Morgan: $250 million 5. Fleet Financial: $150 million 6. NationsBank: $120 million 7. BankBoston: $ 75 million (up from $50 million) That's more than $1.8 billion being allocated by seven of the largest US banks. So which one is currently working with IAIC and how many more can be expected? Only time will tell! IAIC is expanding to meet expected demand for its Y2K products and services. Up almost 5% today on almost 200,000 shares. Not too shabby! Regards. Elliot

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