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Technology Stocks : WHAT IS BEYOND 2000 FOR Y2K COMPANIES

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To: paul e thomas who wrote (3)5/27/1998 2:33:00 PM
From: John Mansfield   of 29
 
Paul,

This is an example of my previous post.

'Railtrack does not envisage that all mission-critical work will be
completed until the last day of 1999.'

Work will simply go on in 2000, ... in 2001, .... 2002, ...

Investment models limiting the bulk of the work for y2k companies to the coming 6-7 quarters simply do not cut it IMO.

John

_____

'....
An internal memo leaked to Computer Weekly shows that Railtrack executives
have set up a "star chamber" meeting to shrink IT development and deal with
"the impact of the year 2000 programme and the resource limitations". The
document, written by a Railtrack director Brian Mellitt, highlights 44 projects in
which, in each case, there are plans to "prepare and execute project closure"
and then "reallocate resources".

The problems highlight the growing financial and time pressures faced by
businesses as deadlines for testing millennium systems approach. Critically, the
memo reveals the state of Railtrack's year 2000 preparedness. According to the
memo, Railtrack does not envisage that all mission-critical work will be
completed until the last day of 1999.

computerweekly.co.uk
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