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To: feltburner who wrote (3567)	12/3/1997 6:21:00 PM
From: Bert Zed	Read Replies (1) \| Respond to of 10786

Good point and if the resultant Y2K liability figure is large enough or within materiality scopes their auditors could force them to make a provision in the current years accounts so I would not be surprised if customers want to say as little as possible. Regards, Del.

To: feltburner who wrote (3567)	12/3/1997 9:36:00 PM
From: Jeffrey S. Mitchell	Respond to of 10786

Re: Dupont As people who have been reading this thread know, ALYD and Dupont have had a relationship ever since the beginning of the year. As we also now know, the two signed a major contract in October that "could be worth tens of millions of dollars" according to the Charlotte Observor. The questions I have been trying to answer are 1) why no press release in October and 2) when will revenue from Dupont start hitting the bottom line. 1) Around June, Dupont signed an outsourcing agreement with CSC for $4B dollars. Yes, Dupont was already on record as endorsing ALYD, but CSC would not let any long-term relationship with them be set in stone until ALYD also proved its mettle conclusively with CSC. The reasons for this go beyond mere code remediation and get into politics... politics that would serve no purpose discussing in an open forum like this. Suffice it to say that one concession that ALYD made in finally getting the contract was that no formal press release would be issued. That doesn't mean the contract is secret, it just means, well, it just means no press release. 2) Dupont is #14 on the Fortune 500 (with revenues of $39,689,000,000) so you can imagine how many different divisions and how much computer code they must have. Sure not all of it needs to be remediated, but just finding the code that does and cataloguing it will definitely be a challenge in itself. As David Eddy says, Y2K is largely a management problem. So, it's not like 1B lines of code will be Fed X'd to ALYD tomorrow. ALYD will probably be working on Dupont from now until the year 2000. Yes, ALYD has started work on Dupont's code, but my guess is that the bulk of the code will not start flowing in until Q2 '98. But keep in mind that what ALYD might consider a trickle of code, might be an avalanche for someone else. However, any way you slice the revenues, they add up to big bucks. And, press release or no press release, ALYD had proven its SmartCode technology beyond any reasonable doubt. - Jeff