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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: 45bday who wrote (13788)3/4/1999 11:50:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 13949
 
Agreed. The market for Y2K tools is DEAD -- D-E-A-D. Anyone who has not bought a Y2K tool by now a) has already got a Y2K program in place (either in-house or contracted), b) truthfully doesn't need one, or c) is really really stupid. The only group that even remotely qualifies as a future tool purchaser is "c". But that's like saying someone too stupid to know their car engine is just about shot will, once they finally realize it (most likely after it fails), go out and buy a set of wrenches and a repair manual to fix it themselves. Yeah, sure.

ACLY had the right idea with their deal with DEC to use their tools in factories around the world. IAIC via CA also had a similar approach. Obviously these companies found other ways to make money off Y2K using whatever in-house resources they developed. Maybe they just formed alliances with these companies for backup, just in case? Who knows. But there must be a lesson in there somewhere!

- Jeff
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