I agree that the risk/reward ratio is very high...
And if investors are comfortable with losing all their principal, they might want to think about allocating some "throw-away" money to TPII.
Yes, I understand that TPII has contracted with some large corporations for code-migration activities. But, here's the reasons for my reservations:
1. Are any of these systems activities that TPII has been involved in mission critical systems? I think the answer is no. Companies would not risk their business on a newcomer. Traditional approaches by IBM, Andersen, EDS, etc will still be the norm and the preferred.
2. How many mission critical applications have you seen that have migrated from mainframe to client/server.
In my industry, finance sector all of the major brokerages and market places still use mainframes for their core transaction processing. Many transaction routing systems are taking advantage of the client/server paradigm (scalability, redundancy, cost/effectiveness) but CORE systems will still be mainframes for the next 100 years. The reason is OpenMVS. Client/Server will move in and begin coding API to legacy systems, but legacy systems will not disappear. The mainframe world is the most stable and reliable platform available today. Examples are First Data Corp, Morgan Stanley, NYSE etc...
3. IBM, and the other large MIS consulting firms have available tools that will help companies migrate code & data to a client/server environment. These are proven tools and processes that will ensure the complete migration. The problem I see here is how will TPII ever hope to compete with these large/name brand firms?? Unless there tool is used by the big boys, I don't see a very large market for TPII.
Y2k problem is fixable in mainframe environments... no need for migration work.
George Antoniou
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