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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: TokyoMex who wrote (5923)11/14/1997 1:51:00 AM
From: TokyoMex  Read Replies (1) | Respond to of 31646
 
From an Aon management member in LA !

Although I was not part of the team that considered who should be a part of the AON sponsered ARM2000 (AON Risk Management 2000) program, I am familiar with the program. I am sure that there is no "certification" by AON involved. Rather members of the Project do their own thing as part of an overall comprehensive approach to the Y2K problem. I would not think that AON would want to take on the liabilities inherent in any "certification" process.
Tpro is, to my uncertain knowledge, the only vendor out there that is widely recognized to be competent in working the Factory floor. Their market is, and because of the increasingly difficult employment market for qualified engineers,an dhas to be limited to the largest manufacturers. Their services can go for as high as $800,000 for one site (admittedly a large one). Large companies are beginning to Triage their operations for Y2K compliance
work.

All this bodes well for the short term work load and profits of Y2K professional remediation companies. It is estimated that 30% of the work on the Y2K problem will be achieved AFTER 1/1/2000! so there will be a continuing revenue stream after this date. Long term investors should be cautious however as to the viability of Y2K firms into the next century. Make sure that they will have products to sell to the marketplace after the mess is solved!

Milton Fletcher
AON Risk Services
Los Angeles



To: TokyoMex who wrote (5923)11/14/1997 1:20:00 PM
From: Raj Ramaswamy  Read Replies (1) | Respond to of 31646
 
TM:

Great call. Excellent results. I am sure the higher GSA is strongly indicative of heavy recruitment costs. These Manufacturing engineers don't come cheap. For them to stick their neck with small company like TPRO, the pay must be good. I wish I can jump from my IT background to manufacturing to take up a job with TPRO (with stock options <gg>)..!

Like you said, we won't see below 6 ever again. I am expecting a big pop on Monday starting with heavy volume on upside at today's close.

Meanwhile, I have somethig interesting to add. One of my buddies referred my name to a Dean Winter broker earlier and the broker called me up yesterday evng for opening investment a/c's with D.W. WHile talking over my portfolio, I asked him about Y2K stocks in general and how much is he aware of. He said over this weekend, he is meeting several of his colleagues in Chicago for their analyst's meeting and Y2K investments is in the agenda. I asked him to check up on TPRO and he said he would and would call me back monday.

GO TPRO.

Raj