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Technology Stocks : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?

To: Rick Voteau who wrote (1596)	7/15/1999 3:48:00 PM
From: Paul Barton	Read Replies (2) \| Respond to of 1654

Rick, starting with FPML mentioned in Forecross' last press release here is how one person @ Forecross connected the dots for me, and it makes sense. This part is about XML which we all know is coming. DB2(IBM), Microsoft, et al., are all in the process of making their database applications XML compatible. This means the database is compatible with XML tagged data. Of course the purpose of all this data tagging is largely negated if there is no standard set for the tags. FPML stands for Financial Products Markup Language. Price Waterhouse and JP Morgan and Forecross are getting together with others to set the standards for xml tags for the financial community. Kim Jones is, this week, doing a tagging survey for one of the country's premier investment banks. For an enterprise to take advantage of xml technology the data must be tagged and now that is done field at a time manually. It is a big expensive job. Maybe bigger in dollars that Y2K. Forecross is finishing up products that use its repository, customer response systems and other core technology to offer automated and customer implemented solutions to data tagging and the other issues that surround the coming xml implementation. Who better to tag your data and implement systems than the company that helped write the book. This software is but a part of an enterprise wide installation that oversees and reports in real time on vital systems. This software is comprised of modules some of which are stand alone and sold separately. The first of these is the Sentinel C/M mentioned on the Forecross web page. A Clean Management tool that is as one Forecross employee said is "not sexy, but it's like a screwdriver, everyone needs one." This software will be sold by Forecross and under private label by various software re-sellers. Can you imagine, high markups and continuing revenue from updates and renewals? This is all third hand information and is a take on a take and probably is off technically in more than one place. While we've all heard rumors about Y2K jobs and I believe there is Y2K work out there and that there will be more for the next couple of years, these new products are not Y2K related and point in a direction I like. N.B. This is one person's opinion and interpretation.