Bipin,
I was reading Latest Business week and read this comment, and once
again says they are replacing rather than fixing, so it could be a factor in 99 for PC companies to take advantage and have good sales even in Q1.
excerpt from business week.---->
businessweek.com
"True, Y2K expenditures are costing companies billions. But it's not a black hole, as most investors believe, says Thomas Galvin, investment strategist at Donaldson, Lufkin & Jenrette Inc. ''About 70% of firms have replaced systems rather than fix them,'' he says. ''The key to increasing profit margins is better management of your supply chain, and if you've upgraded for Y2K, you've done that as well.'' Significant technology spending, he adds, usually leads to a productivity-led expansion in profit margins. Galvin forecasts a heady 13% gain in S&P profits.,,,,,,,"
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