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To: C.K. Houston who wrote (237)	12/10/1997 10:36:00 AM
From: C.K. Houston	Respond to of 411

From: M. Frank Greiffenstein(DocStone) Dec 8 1997 Reply #6979 Rob: Let me guess... You write: " this big cloud of mystery over the Y2k problem in general. Sure people working in the Y2K sector know about it, but the general public really is not overly concerned." You haven't really done much reading about y2k in general and about y2k investing in particular, have you? There is no big cloud of mystery about y2k, such a statement may have been more appropriate in 1995 when word first started leaking out through the general media. Currently, there is a consensus that it IS a problem, that it will COST good money, and that the majority of the world HASN't started adressing it yet. The only mystery is the total cost, but the reason it is a msytery is because everybody keeps raising their y2k budget every year. Bank of Boston thought $1/LOC was good, they recently raised it to $4/LOC. Sabre Group/American Airlines tripled their budget, which started out at 10 million. The top ten banks in the country, at last count (last Spring) had roughly one billion in cost estimates. What's you basis for concluding that the general public isn't concerned? How is this evidence for / against y2k? This of course assumes that mass opinion has some relationship to reality, I know for a fact that the general public wasn't too concerned about an oil cartel forming in the early 70's either. BUt as far as public opinion goes, I posted a recent study of people from a juror pool. 7 out of 10 were at least aware of the problem. I think you should go to CK Houston's Y2000 & Society site here on SI and do some reading. From: Joe Gurrieri Monday, Dec 8 1997 Reply #6980 Rob if you look at tpro in the same light as "other y2k" stocks then quite frankly, and imo, you have not done much in the way of DD. Again, and I repeat, this is not one of those y2k stocks, although I am sure there are a few "quality" y2k companies (probably the ones that Doc is holding). We are talking "Embedded Controllers" here. Mostly found in factory automation and process control systems. Its the language of "MicroCode" not Cobol and other languages running legacy systems "other y2k" companies have targeted. There is little or no announced competition - certainly no one with a toolset based methodology. The problem is real. The contracts are real. The alliances and partnerships are real. And beginning with this Q's earnings release the bottom line will reflect that reality. The problem with tpro, and I have said this before, is the truly uninformed, can not differentiate tpro's specialty niche from the other "garden variety" y2k stocks. I wish that we would stop referring to tpro as a y2k play. Its a Systems Integrator with a "specialized" y2k business component.