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Technology Stocks : Dell Technologies Inc.

DELL 122.70

+0.2%

Nov 18 3:59 PM EST

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To: Paul van Wijk who wrote (35980)	3/29/1998 11:48:00 AM
From: Chuzzlewit	Read Replies (1) of 176387

Paul, some general ruminations of the Y2K problem. I think that it may actually serve as an engine to stimulate computer sales. The y2k problem stems in large part from the use of legacy code, but many companies are using the opportunity to replace their outmoded software altogether so this is a boon to enterprise software houses like BAANF, PSFT and. I suppose (although this is purely conjecture) that this could serve as a hidden trigger to buy hardware also, depending on the software purchased. I think that the argument that code conversion will preclude hardware purchases is nonsense. IT budgets are based on need, and generated from the bottom up. The argument that IT budgets will decrease hardware spending because of y2k costs presupposes the hidden premise that budgets are generated under conditions of capital constraint. This is not a good assumption. Regards, Paul

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