CHRZ - What is the near term outlook? Message Board

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Technology Stocks : CHRZ - What is the near term outlook?

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To: monu who wrote (235)	3/7/1999 11:33:00 AM
From: AChan	Read Replies (1) of 443

Monu, You are right that CHRZ is in very similar business to Keane, with current price like this, their P/E is less than 10. Do I need to say what is the best buy? it is so obvious. The Fund manager will soon realize that Y2K does not stop on Dec 31,1999. but the heat will start on Jan 01,2000. I heard that one bank did only the critical applications which only accounts for 25% of their total applications and they told the world that they have been Y2K compliant since OCT 1998. Right now they are still doing testing, how can this be compliant!!! They have to deny Y2K because this affects their share price. What happens to the remaining 75% applications? Who is going to do it? How much will be the cost in year 2000. I don't want to hype anything, but think about it. The Fund manager are not technical people and they don't realize this. We saw on the TV successful stories on Y2K readiness,but they are the critical (25%) programs that has been fixed. Do they dare to test their non-compliant programs and show it on the TV. ACHAN

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