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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: Russian Bear who wrote (12953)	11/23/1997 9:56:00 AM
From: TEDennis	Read Replies (1) \| Respond to of 18263

Bear: >>Is there anything in particular that leads you to believe that Zitel management can now be believed?<< Nope. However, I do know that there are many Y2K pilot projects going on around the world that are not being publicly announced by any of the various vendors providing the services and/or tools. The reason for this varies, from the fact that the sites have security issues and regulations that won't permit public awareness of the activities ... to the vendors' reluctance to let the public in on the progress of the pilots that could turn out to be either hugely successful or disastrously unsuccessful. The latter sentiment comes from the history of the maturation of the Y2K tools. MatriDigm's experience with Nevada is a perfect example of letting too many people know too much too soon. If all the information had been kept internal, then the initial technical faux-paux's could have been swept under the rug quietly. Then the followon correction phase could have been handled with much less distraction from the outside world continually calling the client site to check up on progress. Unfortunately, in MatriDigm's case, the ex-IBM big wigs were used to having the luxury of announcing 'stuff' months in advance of availability. That's OK when you are IBM, and your pre-announcements frequently end up getting delayed. But, when you're MatriDigm, and the world has been led to believe that you have the answer to Y2K ... tolerance to ineffectiveness is much less. Note, too, that the world is just now to the state where the 'remediation phase' (where we actually change the code) is upon us. Up to now, there's been an awful lot of sizing, planning, denying, ... etc. The world will see in the next couple of quarters how big this thing really is. 1Q98 will be the first time that sites will have the money in their budgets to actually do something about the problem. Hold on to your hats, it's going to be quite a ride! Regards, TED