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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: bob oserin who wrote (8718)	1/8/1998 2:18:00 AM
From: bob oserin	Respond to of 13949

Just some anecdotal info: B of A budgeted $80mm 2yr. bonus money to hold its IT staff in place. Three months ago "decent" programmers were getting $75k on the west coast. From my son, a project mgr. Legislation introduced in Wash. St. to waive time and one-half overtime payment when hourly rate of pay exceeds $27. Supported by Microsoft,which employs upwards of 16,000 programers! London Times quoted a "high official" saying that y2k remediation was 80% completed by monetary union countries converting currencies. What blatant gall!! Does anyone doubt that a body shortage exists?!! BTW, has anyone seen an analyst reduce an earnings estimate recognizing y2k expenses? BOB O