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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Tech Master who wrote (6043)5/1/1998 11:53:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 10786
 
Re: Euro Conversion

Maybe I am in the minority here, but I don't see Euro conversion as a plus at all. In fact, I see it as a minus.

1) The Euro is being phased in starting in '99, so it overlaps (read: takes away from) Y2K work.

2) From what I read, the Euro requires financial types in addition to a legion of programmers. According to de Jager: "EMU is a significant change to how an organization manages and reports its worldwide financial activities. It is not, as some have suggested, merely the addition of another currency." Source: year2000.com

3) There's plenty of Y2K work-- high-turnover and thus high-profit Y2K work. If I thought Y2K would be solved by 2000, I might think differently.

Don't worry, there are plenty of other things ALYD can do to both diversify and still stick to their core competency. One day when I lots and lots of time I might talk about them. (gg)

- Jeff
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