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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: TEDennis who wrote (7091)10/23/1997 11:38:00 PM
From: TEDennis  Respond to of 13949
 
HH: Here's some quotes taken from Bemer's own web site ...

(my emphasis is in bold)

Fixing the year 2000 problem is a huge job, and Mr. Bemer has tried to sell the major computer outsourcing firms on his solution. Plano-based Electronic Data Systems Corp. said it evaluated his concept but wasn't interested. If he does come up with a product, we'll evaluate it then,' an EDS spokesman said.

Mark Ramirez, vice president of a Perot Systems Corp. venture working on the year 2000 problem, said that in theory, Mr. Bemer's ideas make some sense. "But there are holes in the ideas, and a tremendous amount of time and energy still needs to be spent going over the concept before it can be delivered to the market," Mr. Ramires sald.

So, at least I'm not on an island by myself. Some large firms with significant interest in the Y2K problem are here with me.

Regards,

TED



To: TEDennis who wrote (7091)10/23/1997 11:52:00 PM
From: Craig Richards  Read Replies (1) | Respond to of 13949
 
<<This whole Bemer discussion series reminds me of the MatriDigm hullabaloo when it was first announced.>>

Ted,
As always, thanks for sharing your views. I appreciate the time you take to share information with others.

As far as reminding you of the MatriDigm hullabaloo. I can see some similarities, but Matridigm didn't really announce their own solution, but rather it was done on the AOL message boards and in an article in the Las Vegas Sun. They never put up any technical white pages on their web page, as far as I remember. Also, Mr. Bemer doesn't appear to have any reason to hype his solution the way that Matridigm did, as there's no publically traded stock that will benefit from it. Unless he shorted a bunch of other Y2K companies before releasing this information. In any case, if he holds to his forecast of testing this out in December, he may have a successful code conversion done before Matridigm. It's really not long to wait.