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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (55059)4/7/1999 7:07:00 PM
From: James F. Hopkins  Read Replies (2) of 132070
 
Mike; Add this to the pot..
Y2K SYSTEM FREEZES CHILL IT PLANS
Y2K is causing two out of ten large companies to halt
installations of new systems beginning in June, while many other
companies plan to partially freeze IT spending. These freezes
are affecting new purchases of ERP software and PC hardware,
deployment of new equipment, and business for outside
consultants. A Computerworld poll shows that 20 percent of
companies surveyed expect to freeze all hardware, software, and
services purchases during the second half of 1999. Of the 241
executives surveyed, 40 percent expected to reduce overall IT
spending.

(Computerworld 03/29/99)
That will put a dent in the tulip craze.
Jim

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