SI
SI
discoversearch

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 : Y2K (Year 2000) Stocks: An Investment Discussion
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Philip H. Lee who wrote (1442)10/28/1996 11:36:00 PM
From: Robert Lawkins   of 13949
 
Philip,

This is from your posting:

"The Department of Defense hasn't completed inventorying its roughly 358 million lines of code, which means its bill for fixing the problem could run as high as $3 billion."

OK, so I lost my HP calculator and used 0% to discount the 200% earnings growth from the $1.00 estimate for DDIM for '97 which WAS NOT YOUR ESTIMATE. I apologize.

Now, back to the quote. I used my son's $1.50 solar calculator and found that if the Dept. of Defense had to fix all 358 million lines of code and the cost was $3 billion, uh, that works out to roughly $8.39 a line.

I thought you said that it was going to get expensive to fix only those lines of code that needed fixing and that was going to cost $2.00 a line (once everyone rushes out to get this done and the prices go way up).

Am I mistaken?

By the way, you have provided a vast array of footnotes and quotations and estimates. I for one am most impressed. You have done your homework and probably deserve to make money on this one...I hope you bought lots of shares of these stocks when you started this forum. That being said, I think (my own opinion which I am entitled to in this country) the estimates and scope of the problem is way out of proportion with what will eventually pan out. It is an interesting problem but not catastrophic as many predict. Please give some credit to much of the good management out there. Systems fail and problems do come up. I never met a good manager with less than 3 contingency plans, except for maybe Bobby Cox but he didn't have John Wetteland in his bullpen did he?

I sure hope you watched the Series and didn't spend all your time worrying about this Y2K thing!

Regards,

RGL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News