Mark: It looks like you just don't get it.
I didn't realize from your previous post that you wanted a technical explanation. (Of sorts)
My answers will take a couple of posts, so I will start with the most important one first.
HERE IS WHAT IS TO COME AFTER Y2K:
While your abilities to conduct due diligence seem to be somewhat limited, judging from your current post, remember that Forecross' business is and has been automated legacy migrations. This means that the company inputs the customer's programs and outputs functionally equivalent programs in entirely different languages and platforms. They do this with full automation.
Before any company would send its code to anyone, you know that they would conduct intensive due diligence. There is no Y2K company in the world that I have found with as impressive a customer list as Forecross. Since I have been following the company some of the names that I have seen that do business with Forecross include Bear Stearns, Bank of America NTSA, Aetna, Home Savings, Brown Brothers Harriman, TRW, Inc.(BDM), EDS, CIBER, NCR, A.T.&T., SCB, GE Lighting, Alcatel(French phone co.), City of Chicago, IBM, Edward Jones, Charles Schwab, Bank of Montreal, Royal Bank of Canado, New Brunswick Telephone, and I'm sure that the list goes on. Forecross does and always has done business with some of the biggest and best companies in the world, so they must have some superior technology.
It must be intuitive to persons familiar with programming that to automatically migrate a program to a completely different language or platform requires a more robust technology than to simply detect and renovate a date format in the same language. It is this more robust technology that has spawned Forecross' Y2K solution. It is the same technology that is the basis for Forecross' plan for "after Y2K."
While it seems certain from your post that it is unlikely that you have had many conversations with the CIOs and CEOs of major corporations, I do, and I can acquaint you with what I have identified as one of the major future trends in corporate information processing.
TODAY'S LEGACY SYSTEMS, THE SYSTEMS THAT TURN VIRTUALLY ALL OF THE WORLD'S BUSINESS, DON'T TAKE ADVANTAGE OF TODAY'S LET ALONE TOMORROW'S TECHNOLOGY. A few of todays's cutting edge IT shops have already completed migrations from legacy code to Java. The business community is learning that it is not enough to be competitive in product and service markets, but that they must also compete in the arena of information processing to prosper. Forecross has been developing this technology for some time.
Forecross' "after Y2K" plans are the main reason that I bought the stock in the first place. Y2K just turned out to be a bonus. It is my opinion and projection that the migrations that bring today's legacy system to tomorrow's technology are more than 100 times the size and cost of Y2K migrations, and just as inevitable. Every line of every program must be migrated, and the more automation the better. Who better to develop and implement future legacy migrations than the company that appears to me to be in the forefront now? (A small play on words to break the tedium of such a long post) Legacy migration has been in every FRX press release that I have seen, so they must not be "blowing smoke." From what I have been able to determine, they have been using their automated process to migrate entire databases and the code that serves them for nearly 20 years, and they must be the state of the art, judging from the customer list above.
Now, how better to get this technology to market than through a very impressive list of teaming partners. But more about that later. I already have to apologize for the length of this post.
I hope that I have provided something insightful for your consideration.
Best regards,
Crandell Addington |
