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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Pareti who wrote (6020)12/7/1999 8:51:00 AM
From: Jonathan Edwards  Read Replies (1) | Respond to of 8220
 
can you explain how y2k is an issue for IBM and no issue for Intc, M$FT, C$CO (According to their own conference calls, press releases etc)

Y2K is an issue for IBM because customers that might otherwise have been spending money buying new mainframes have been spending it making sure the mainframes (really, mainframe software) they already have is going to continue to work properly next month.

Customers of the companies you mention don't have to spend their money in that manner (at least on those companies' products) because those companies products aren't as susceptible to Y2K issues, because their products don't have their roots in the 60s and early 70s when cost issues prompted the practice of keeping dates as two digits...