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

To: TEDennis who wrote (8781)	1/7/1998 12:51:00 PM
From: jgibbs	Read Replies (2) \| Respond to of 13949

According to an article today on the front page of the business section in Raleigh, NC's "News & Observer," Syntel is "beefing up its troops with a high-tech boot camp." A few paragraphs: "Syntel hopes to find and train at least 50 people who would work for the company for at least two years." "The main reason we created and continue to expand this program is that there is a major, major shortage of IT people in the US," according to Syntel's director of marketing. "As more people gear up to battle the year 2000 bug, they're going to be looking to people like Syntel for help." "The company provides a variety of computer consulting services, but the year 2000 problem has become a big growth area for Syntel, as it has for many companies." Syntel developed the "boot camp"...in Cary (just outside Raleigh where Syntel has some 400 employees - one of its "four global centers") last year and graduated aobout 25 people who have the necessary skills to help rewrite computer codes to fix the bug. This year the program hopes to double the number of graduates. "The course, which lasts eight weeks, provides basic training in a variety of programming languages used with mainframe computers. After the training, there is a mentoring program that lasts up to six months.Graduates then must work for Syntel for two years." In exchange, trainees can expect to make between $26,000 and $32,000 when they first start the training program. Within two years, the salary should jump to at least $40,000.

To: TEDennis who wrote (8781)	1/7/1998 1:43:00 PM
From: Risky Business	Respond to of 13949

Ted: Tuesday January 6, 8:32 am Eastern Time Company Press Release SOURCE: Crystal Systems Solutions Ltd. Crystal Systems Solutions Ltd., Implementing Year 2000 Millennium Conversion Solution At Ford Motor Company, UK HERZLIA, Israel, Jan. 6 /PRNewswire/ -- Crystal Systems Solutions Ltd., (Nasdaq: CRYSF - news), a developer of conversion projects for mainframe computer systems, various programming language upgrades and data field conversions, today is pleased to announce that it is performing a Year-2000 Millennium Conversion Project at the Ford Motor Company (NYSE: F - news) in the UK, in conjunction with a leading local system integrator, Logica UK Limited. This project represents a new endeavor for Crystal Systems Solutions in conjunction with the Ford Motor Company as, until now, Ford Motor Company has licensed Crystal Systems Solutions' C-MILL Year-2000 conversion tool for its own use. For this project, Crystal Systems Solutions is actually performing the conversion work partially at the Ford Motor Company in the UK and partially at the Company's factory in Israel. ''We are very pleased about the continuation of our ongoing, successful relationship with the Ford Motor Company,'' said Amiram Mel, CEO of Crystal Systems Solutions. ''This announcement may lead to further opportunities for joint conversion ventures between the Ford Motor Company and Crystal Systems Solutions. This project marks the first of what Crystal Systems Solutions believes will be many future projects utilizing the Telon language enhancement to its C-MILL tool,'' Mel added. Crystal Systems Solutions Ltd., has developed and is focusing on marketing an advanced, highly automated millennium solution for information systems in the IBM MVS mainframe environment. The Company provides software tools and services which are used to solve the widespread problems caused by the inability of certain information systems to properly interpret dates for the year 2000 and beyond. The Company is also in the process of working with a number of leading financial institutions in Europe to adapt its C-MILL tool to solve the upcoming conversion problems associated with the move by the European Monetary Union (EMU) to adopt a single EURO currency. Some industry analysts estimate that the dollar magnitude of the EURO currency related problem could be larger than the estimate for the Year 2000 problem in Europe. This press release contains forward-looking statements. Such statements involve various risks that may cause actual results to differ materially. These risks and uncertainties include, but are not limited to: market demand for the Company's product, successful implementation of the Company's product, competitive factors, the ability to manage the Company's growth and the ability to recruit additional personnel. SOURCE: Crystal Systems Solutions Ltd. -------------------------------------------------------------------------------- One more tool vendor with conversion service to add to your list, eh? Regards, Risky