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Technology Stocks : Command Systems, Inc. (CMND)
CMND 0.450-33.7%1:38 PM EST

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To: JDN who wrote (76)4/2/1998 10:09:00 PM
From: Raj Ramaswamy  Read Replies (1) of 1956
 
JDN,

Just looking at this company's record. Got excited on their Y2K model. Very competitive. Picked up from their Boston Mutual project which they (CMND) successfully bid and got.

See December 1997 issue of Datamation:

datamation.com

To quote some excerpts from this:


Meanwhile, Petry sought advice from his peers in the insurance industry who were
also addressing the issue. Richard Booth, the CIO of Phoenix Home Life Mutual
Insurance, told him about a joint venture his company had entered into with
Command Systems of Farmington, Conn., to do Y2K conversion work in
Bangalore, India, at a fraction of the cost of U.S.-based labor. That sounded good
to Petry and Lioce.

At the time they were looking at labor costs, the average hourly rate for a
programmer based in India was about $30 per hour; programmers in the U.S. make no less than $80 to $150 per hour. (Rates for all Y2K programmers are higher today.) Command's proposal came in far and away the lowest, less than $1 per line
of code, but it was Command's experience with the insurance industry that tipped the scales in its favor, says Lioce. In addition, Command had a track record for system
development years before anyone cared about fixing the Year 2000 problem. "Their focus wasn't only on Y2K. Their focus was on solutions," says Lioce.


Sounds they have a very promising future..!

Raj
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