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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (910)	1/17/1998 5:04:00 AM
From: John Mansfield	Respond to of 9818

Spending shift ('Moratorium') in IT by Ed Yourdon www2.computerworld.com I have raised such questions in the past several other threads on SI of IT stocks not directly solving y2k problems (ORCL, ERP, ...). This is an interesting article that confirms my expectations in this direction. So perhaps some investment money will start to flow from those stocks to y2k stocks!? Any thoughts? John ----- 'Enterprisewide moratoriums on new IT development will be the big news this year. If your organization hasn't declared a moratorium yet, it probably should. ' ... 'But for most organizations, the wake-up call came during the budget-preparation period that traditionally occurs in the late fall and early winter' ... 'So, what'll be on hold? What projects will have to be put off? For many companies, a moratorium will mean deferring the rollout and deployment of Windows NT. It may mean postponing the implementation of Windows 98 (assuming that Microsoft even bothers to release it in 1998) and perhaps Office 98, as well. It means that a lot of the sexy new Java/Internet/Web projects will have to be deferred until 1999 or beyond.' -> MSFT ... 'Along with a moratorium on brand- new application development, this year will bring two other forms of moratorium: one on replacement of legacy systems with new technology versions of homegrown applications and another on replacing proprietary legacy systems with large, complex packages from vendors such as SAP, PeopleSoft and Baan' ... 'Similarly, it may have made sense in 1995 or 1996 to launch an in-house proj-ect to replace an aging mainframe system with a new client/server or Web-based system. But given most organizations' dismal track record for finishing development projects on time, any manager who can spell the words "risk management" has to put a moratorium on that strategy, too.' .... ' It won't happen in Europe and Asia until next year'