Potentially Overlooked......?
Any comments on UIS:NYSE (Unisys Corp), unisys.com ,
- $1.2 billion market cap
- employs 37,400
- 52 wk H-L : $5.38 - $9.12
- small loss expected for 96
Established company providing Year 2000 solutions - overlooked in recent year2k run-up. Company has undergone restructuring, appears to have limited downside - good upside potential. Options are available on the AMEX.
Following excerpt from Unisys Web Site:
" Unisys is licensing an established Year 2000 methodology from James Martin & Co. We are also leveraging low cost off-shore programming capabilities through Tata Unisys Limited. In addition, we have secured Value Added Reseller agreements with tool vendors to support Unisys and IBM platforms and have selected key strategic alliance partners such as Computer Horizons Corp. to supplement our multivendor technical skills. In addition, Unisys is working with most of the major providers of millennium automated tools and programmer productivity environments. We have established relationships with some of the industrys premier companies such as SEEC, Peritus, TransCentury, COBOL Associates, Oracle, Sybase, Hewlett-Packard, and Data Dimensions.
TEAM2000 is a multivendor systems integration offering that covers all dimensions of the Year 2000 problem from the mainframe to the desktop, integrating tools, consultancy and programming in a cost effective total solution. In delivering the solution, Unisys leverages our core competencies in information technology consulting and managing large-scale time sensitive projects. "
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