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Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (3727)	12/14/1997 9:23:00 AM
From: Robert K. Sims	Read Replies (1) \| Respond to of 10786

Jeff, that's powerful stuff. I have been laughed at, criticized and sometimes questioned my on judgement, when I tell people about how serious this problem is. I've suggested it to board members at trade groups that I belong to that we have work shops on Y2K awareness. Each time, I get answers like "Robert, when you wake up Jan 1, 2000 the problem will have come and gone and we will never know it existed", or something like "Don't you think Bill Gates is working on this?" I tell them that all of the Fortune 500 companys combined have a lot more then Gates or Microsoft, and most of the computers in question are written in languages that Microsoft don't understand and if they did, there isn't but so many programmers out there. So what if Gates gets them all there is still a large shortage of programmers. Well, I don't have to tell you, but I'm amazed at how many people are just waiting on a "silver bullet". I hate it for the rest of the world, but I'm darn glad that we have invested in a company like Alydaar Software. Maybe some of the businesses, who's owners laughed at the subject will be for sell "cheap", when the clock rolls to the year 2000 and we can that some Alydaar profits and see who the last laugh is on. Thanks for the constant flow of good information you bring to this board. Robert

To: Jeffrey S. Mitchell who wrote (3727)	12/14/1997 11:40:00 AM
From: SE	Read Replies (1) \| Respond to of 10786

After all, just because you give someone tax software doesn't make them an accountant. Jeff, I don't know if this is insight, or just a stupid comment, but I will make it anyway! <<gg>> Being a CPA and dealing mostly with taxes, your comment above brought this to bear. I see a lot of people who are convinced that one time each year they are tax experts. I have four years undergrad, three years law school and eight years in practice and I don't know everything. How can someone who doesn't do taxes on any real basis "be an expert" once a year. They cannot. Eventually, we see these people becuase they are having trouble with the IRS or because they get tired of doing their returns. Usually this is a couple to three years down the road from when the tax return was filed. We either solve their problems with the IRS or we amend their previously filed tax returns and obtain refunds that should have been gotten the first time around. Interestingly enough, we rarely see returns done that require additional tax payments. Don't know why that it. It would seem that would be the norm. Anyway.... Does this apply to Y2K conversions? It might. How many companies are going to insist that they can handle the problem and do this in house? How many are going to get it right? I don't know, but I would bet this bodes well for Y2K conversion companies past the year 2000. Interesting thought? I would think fixing the problems the company created by trying to short cut the solution will be more costly than doing it right in the first place. GO PACK GO! -Scott

To: Jeffrey S. Mitchell who wrote (3727)	12/14/1997 10:14:00 PM
From: Runner	Read Replies (1) \| Respond to of 10786

If all these companys wait too long to spend on their Y-2000 problems we may miss the boat. Investers want to see profits now.They want revenues up. We all know there is a panic coming. If it's 1/10 as bad as we fear, with this delay of IT departments expenditures, our favorite stocks won't get a chance to fly. Look at the panic over the Asia Markets. Even good Y-2000 stocks would go down with the horror we are facing. Our window of opportunity is shrinking by every delay of these companys IT depts. We need to impress the street next quarter, or we may miss our chance of a lifetime.