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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?

To: David Eddy who wrote (1599)	12/16/1997 12:51:00 AM
From: tech	Respond to of 3391

David, The "conversion" stage as handled by CSGI constitutes at best 15% to 20% of the effort of these projects. The "conversion" stage as handled by anyone represents 20% of the effort. The better question to ask is what portion of the project will constitute the greatest amount of expenditures , which in turn will provide the greatest amount of revenue for the y2k companies? i.e Assessment, Correction or Testing ? Keep in mind that CSGI's burn rate is approx. $4 million a year. Even if they only make $15 million in Crowing that CSGI does 100% while SEEC & PTUS only claim perhaps 95% just shows that SEEC & PTUS have a bit more experience under their belts. On the contrary, it shows the difference between companies that must have code converted manually and one that does not have to. In CSGI's process NOT ONE SINGLE LINE OF CODE IS CONVERTED MANUALLY PTUS, SEEC, and VIAS can't say that. Any time you have any code converted manually, you will increase the potential for human errors. I can't wait until some of the code gets back and from INDIA or other places it has been sent to be converted manually. ERRORS ..... ERRORS ...... ERRORS.... As I have asked others, please find one other company that has announced they have successfully started, finished, and tested a year 2000 project. Any size, any environment, using automated tools or manual conversion. good luck.