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Technology Stocks : Discuss Year 2000 Issues

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To: Cheeky Kid who wrote (1729)5/9/1998 2:02:00 PM
From: Cheeky Kid  Read Replies (2) of 9818
 
I thought this article raise some good points:

wired.com

Excerpt:
<<<<Obviously, this phenomenon proves a boon to makers of networking hardware and software, companies such as Oracle, IBM, and Germany's SAP AG.

But less obviously, it could provide eventual cost savings to those companies' clients, boosting productivity at firms that junk their old systems and adopt new technology.

"There are significant opportunities if we see this wholesale shift, and in the long run that might be the cheapest fix of all," Barry said. >>>>


I also liked this one from Bull (excerpt):
<<<<Systems using the old two-digit date format, even if they are still functioning correctly, will probably be incurring such high maintenance costs that upgrading to a more modern, Year-2000-ready replacement will make sound economic sense.>>>>

It looks like the Y2K bug may push businesses into upgrading old systems to newer technology. There may be a silver lining for the ones that do, as their employees will be more productive. However no one likes change, the ones that are willing to adapt to change have a far more chance of success than those who fight it. The articles put it allot better than I did.

Fixing antique software and computer systems makes no sense to me.
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