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Technology Stocks : Computer Associates

CA 25.11

+0.1%

Nov 26 4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (2628)	7/22/1998 7:05:00 PM
From: Arrow Hd.	Read Replies (3) of 5232

You will see more and more disappointments attributed to Y2K spending issues where IT resources and dollars are redirected and current projects get deferred or cancelled. No one is immune to this except some of the Y2K services companies that also have other software and services offerings to rely on post Y2K. And even those firms have sold off the past few months. Nothing on the horizon could have more effect on the technology industry than the disruption that Y2K projects cause to the other business areas. The NY Times had an article on the FAA a while back. The FAA basically has had to put off a lot of their current projects to retool the FAA computer systems which are non-compliant IBM 3083s from the early 1980s. These redirection scenarios are going to become more and more disruptive to everyone in the hardware and software sectors as customers scramble to make mission critical applications Y2K ready. This disruption will in turn, cause periodic revenue and profit problems for the companies we all follow. I see this getting worse as we head towards 1999. Just a thought to keep in mind.

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