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


To: Trader X who wrote (1664)12/23/1997 11:52:00 AM
From: tech  Read Replies (1) | Respond to of 3391
 
Kevin Hansen,


>>Woo Whee! CSGI is getting a 3 million line contract! 3 million lines is NOTHING. It's another friggin test. Test test test...nobody trusts this method of converting code. That's the bottom line. <<


Sorry, but I have to correct your inaccurate and misleading statements.



1. The LSI contract is NOT a test. It is a revenue generating contract.

2. ConSyGen does both windowing and field expansion - which are the most widely accepted methods.

3. The only difference is while others require hundreds of programmers to do conversions, ConSyGen can do them with fewer bodies.

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>> The problem is, you have to involve people in the conversion process to ensure it's reliability. What company wants to hand over a hundred million lines of code to a company who isn't going to babysit that code personally to ensure that it comes out clean? <<


What company ? well how about:

Motorola - Pilot project completed ..... waiting for testing results

LSI - Awarded a 3 million line contract to CSGI. This contract involves Migration and a y2k conversion at the same time. Futher shows the ability of ConSyGen's technology.. ALSO a 3 million line contract is not considered "no big deal". For a company with a small burn rate as ConSyGen, it is a BIG DEAL.

Millennium - 1.4 million lines converted without any single line of code being converted by a programmer. one of the first, if not the first ever, project that was started, finished and successfully tested.

SCBI - our alliance partner who has a client list of many Fortune 500 companies. They use CSGI's toolset.

AGISS - Has received two successful pilots from CSGI and they will use the CSGI toolset for projects they are awarded.

Chase Technology - formerly ALYD's partner who now chose to go with CSGI. They will be using the CSGI toolset for their clients.


Now I know you were just trying to do the best you can and not to mislead anyone, but now that you have been brought up to date, I am sure it won't happen again (yea right!).



To: Trader X who wrote (1664)12/23/1997 3:29:00 PM
From: angel  Read Replies (1) | Respond to of 3391
 
Kevin this is even a better disclaimer: "Although the Company is actively marketing its ConSyGen 2000 and ConSyGen Conversion toolsets, the Company is NOT currently generating any significant revenue, either from its ConSyGen 2000 or its ConSyGen Conversion toolset. See "Risk Factors - Absence of Proven Technology/Market Acceptance." Although the Company has completed several pilot (non-revenue generating) Year 2000 conversion projects, the Company has NOT yet completed a revenue generating Year 2000 conversion project. The Company did complete several revenue generating migration projects from 1993 to 1995, but the Company has NOT SINCE COMPLETED such a project. Instead, the Company's efforts have been focused on the further development of its ConSyGen Conversion toolset, including extending the toolset to cover new hardware environments. Such further development and extension of the toolset was necessary, as the toolset was limited in application to Honeywell/BULL systems and DID NOT PERFORM CONVERSIONS WITH SUFFICIENT SPEED. "