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Technology Stocks : CBSI-complete bus. solutions. new y2k play!
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To: P. Ramamoorthy who wrote (424)10/25/1998 10:32:00 PM
From: Risky Business  Read Replies (1) of 506
 
Ram, two things on Claremont:

1. Great revenue growth: clrmnt.com

2. From New York times article:

"Much corporate spending seems to be going not toward repairs but toward avoiding the problem by buying new computers and software."

From Claremont:

"Much has been written about the coming of the year 2000 and the inability of many mainframe legacy computer systems to accommodate transactions in the twenty-first century. Companies are spending literally billions of dollars to "fix" this problem, while at Claremont we take a different view. We are working with our clients not to fix the problem by adding another layer of technological glue to an already cobbled together system, but to eliminate the problem by replacing these aging systems with new client/server technology. By taking this approach, our in-volvement with the client doesn't end in 2000... it begins."

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