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Technology Stocks : WHAT IS BEYOND 2000 FOR Y2K COMPANIES

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To: paul e thomas who wrote (15)5/31/1998 4:13:00 AM
From: John Mansfield   of 29
 
Paul,

I try take a 'broad' view of developments re. assessing how much work remains after 1/1/2000. We also have to take into account:

- status outside the US; circular dependencies with those countries (e.g. just take SEA; running behind).
- running behind of embedded system fixing. This will also have effect on IT remediation: because of disruptions to come; it will become more difficult to fix IT systems as well (just think of impeded travelling).

So your quote is one of the many quotes and factors that determine this issue (also look at the recent quote of Gartner (or Kappelman): they upped the cost per line of code from about $1 to about $4).
Most publications nowadays simply state increases in budget estimates for Y2k remediation.

Regards,

John
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