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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Steve Woas who wrote (11556)5/14/1998 11:03:00 AM
From: Mr Logic  Read Replies (3) of 13949
 
Steve,

>>The world runs on legacy computers, about which you obviously have a knowledge
deficiency. This deficiency may get you into big trouble in the Y2K arena.<<

I've worked since the mid-80s in IT at many levels across hundreds of companies - so I do have some knowledge, albeit incomplete.

I'm not sure what your impolite response has to do with the question of where the announced Y2K spend is going. Look at the revenues of SAPHY, PSFT, ORCL, BAANF etc. for a clue where customers have spent money replacing legacy systems. Look at the number of customers upgrading to the Y2K compliant version of their legacy packaged software. This has cost a lot of money and is called "Y2K expense" by many companies. If you disagree, fine, but how about some substance to your post?

>> You do not just go down to your local egghead software store and buy some new
disks for these puppies. <<

I don't remember claiming that you did.
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