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To: Tony Viola who wrote (131211)3/29/2001 5:50:49 PM
From: Mary Cluney  Read Replies (2) | Respond to of 186894
 
Tony, <<<this article says mainframes are alive and well.>>>

computerworld.com

This is not rocket science. This is about marketing and understanding the requirements of the market. This is where Intel, AMD, Scumbria, and Dan have not a clue.

Maineframes and high end servers will be with us far longer than needed, wasting a lot of money for a lot of organizations - all because our technical geniuses have not a clue what people actually do with computers.

<<<"By the end of 2001 we'll have that up to 60 million transactions a day" to handle growing volumes, Letzler said. "With full redundancy -- so we have duplicate sets."
......
Originally, the processing was performed in batches at the end of each trading day. Over this past year, the Depository Trust moved to a multibatch processing format and expects to have a real-time process in place by year's end, he added. This transition is part of the securities industry's move from a three-day to a one-day settlement cycle (T+1), due to be completed in 2004.

The same demands are also being faced by the stock exchanges. >>>

<<<have you recommended to the Yankees BOD (if they have one) to can Steinbrenner and give you the job? Actually, he's the owner, isn't he? >>>

I have checked into that. George Steinbrenner is the principal owner of the New York Yankees with a number of limited partners. As they say, there is nothing more limiting than to be a limited partner with George Steinbrenner as principal owner.

Mary