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

To: tech who wrote (2114)	1/12/1998 12:16:00 AM
From: tech	Read Replies (1) \| Respond to of 3391

_________________ British May Use Inmates to Fix Y2K __________________ Link: techweb.com Ah, those Brits! What creative people! Not satisfied with suggesting that unemployed people on welfare may be able to do the COBOL repair work, the bureaucats now suggest that prison inmates offer talent. I'm wondering: Will they be assigned to banks? The point, of course, is that we're running out of people who can do this work. Put another way, we can throw more money at the problem, but this will not increase the supply of qualified mainframe programmers. It will only increase their salaries. This is the great example of what economists call an inelastic supply curve. It's desperation time. * * * * * * * * * * * * * * * * * European IT systems and services group ICL is considering using British prison inmates to fix computers that will be affected by the year 2000 date change, it said on Thursday. An ICL representative confirmed that there are discussions underway with the British prison service about using computer-qualified British prisoners to help tackle the year 2000 problem in the U.K. Meetings between ICL and prison officials are scheduled to take place next week. . . . ICL has shown how resourceful companies can be when looking for skilled IT engineers, said a consultant who specializes in year 2000 issues. "While the idea may seem ludicrous, it actually reflects the fact that in the future we're all going to be utterly desperate for resources," said Karl Feilder, chief executive officer of London-based year 2000 consultants Greenwich MeanTime. ____________________________________________________________________ note* ConSyGen, Inc. Announces Year 2000 Partner In Europe biz.yahoo.com >> PHOENIX--(BUSINESS WIRE)--Dec. 22, 1997--ConSyGen Inc. (NASDAQ BB:CSGI - news) announced today that it has signed a Teaming Agreement with Chase Technology plc under which Chase Technology will utilize ConSyGen's fully-automated Year 2000 software conversion services for its clients throughout Europe. Chase Technology is based in London, England, and has offices and subsidiary companies in a number of European Locations. << >> Ron Bishop, ConSyGen's President and CEO, stated: ''We are pleased to be able to expand into an entirely new geographic area with the ConSyGen 2000 automated toolset, and we are impressed with both Chase's knowledge of the market in Europe and its ability to generate a range of major Year 2000 correction projects. We are already in discussions with several Chase offices in Europe relating to several large, high-visibility clients. We believe that these discussions should lead to new business in the region.'' <<