Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Timothy Liu who wrote (36293)	11/15/1998 1:06:00 PM
From: Knighty Tin	Read Replies (2) of 132070

Tim, The reason why you don't buy a new platform is called cost. Money is not limitless and spending it subtracts from your bottom line. With eps growth heading over a cliff, do you really want to waste a lot of money that gets you back to where you started? Not if the CEO wants to keep his job. It is one thing to buy IT with the promise of increased productivity growth, even if that promise has never been fulfilled. It is quite another thing to buy IT because your current system doesn't work. That is an expense without a positive on the other side. You are trying to prevent a negative, and you do that as cheaply as possible. I know that there are also hardware problems with Y2K, but they are in few systems and most can be overcome without tossing out the entire box. If you look at Motorola's budget for Y2K, which hit the news today, there is almost nothing allocated to hardware purchases. Internal costs are 70% of their spending, outside software vendors and consultants/bodies nearly 30%. I think that will be the type of thing we will see for most large cos., not new system buys on a massive scale. MB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next