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

To: ThirdEye who wrote (9867)	3/5/1998 11:38:00 AM
From: M. Frank Greiffenstein	Read Replies (2) \| Respond to of 13949

Taoman, I am shocked, yes, shocked, to discover from RiskyBusiness that startup costs prior to revenue ramp up may be greater than initial revenues <g>. I mean, aren't profits supposed to start immediately? I got into TAVA when there were all sorts of warnings that the ramp up to provide y2k services would would comapny into bad cashflow position. Not only that, they have lost almost 3 million in billable hours because engineers have to take time to write software. Based on today's KO news, you can see what happens when you are willing to break a few eggs to make an omelet. DocStone

To: ThirdEye who wrote (9867)	3/5/1998 5:18:00 PM
From: ThirdEye	Read Replies (1) \| Respond to of 13949

BTW, all: The Sophia Loren of the NYSE reported this am on CNBC that Aetna will be reporting some $90MM for Y2K compliance, that is was more than expected, that $60 MM will be spent this year and another $30+MM next year. Altogether something like .60/share after taxes. I believe this announcement acknowledges significant earnings impact going forward.