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Technology Stocks : Crystal Systems (CRYSF) - AD 2000 Solution IPO -- Ignore unavailable to you. Want to Upgrade?

To: Narotham Reddy who wrote (226)	3/9/1998 4:19:00 PM
From: joshi	Read Replies (2) \| Respond to of 572

We broke the downtrend! Congrats folks. We should see some follow thru tom morning. Maybe 19+. After that(next week) we have the yr2k shows. I suppose 23 is not out of the question by next friday. Good luck all!

To: Narotham Reddy who wrote (226)	3/9/1998 4:28:00 PM
From: DD™	Respond to of 572

I have been trying to find the news through Dow Jones and I can find nothing. Good volume and price rise today. DD

To: Narotham Reddy who wrote (226)	3/9/1998 5:39:00 PM
From: Jeffery E. Forrest	Respond to of 572

Was that news item 12:04 EST or Pacific? It really took off the last half hour (About 12:15-12:30 Pacific) It acted VERY similar to Fris. action with a big bang at the end of the day. Again it looked as if though someone was SLOWLY accumulating all day while trying not to make the price go crazy and then buying a bunch towards the end of the day (maybe thinking something would happen overnight???) All in all VERY nice action again. It gapped open, held the gap, and did it on BIGTIME volume. Sweet. Should get another gap in the morning. It's SOOOO oversold it's got a LOT of room to run. A nice run-up into the Y2k conf. looks like a distinct possibilty I'm getting ready to change my trading setup and have no Level II at present. I'd be curious to see who's playing. Anybody with Level II out there???

To: Narotham Reddy who wrote (226)	3/9/1998 5:48:00 PM
From: Jeffery E. Forrest	Read Replies (1) \| Respond to of 572

Where did you find that? I can't find a mention. I don't doubt you, just can't seem to find it for myself. I've been hearing rumors of their new toolkit for quite sometime. Supposed to be an asskicker. Do you think they will save the "offical" release for the YTk conf.?

To: Narotham Reddy who wrote (226)	3/10/1998 1:20:00 PM
From: Jeffery E. Forrest	Respond to of 572

Most European Businesses Are Ill-Prepared For New Currency (03/06/98; 10:41 a.m. EST) By Matthew Slater, TechWeb More than one-third of European businesses have no plans in place to deal with the unified European currency, scheduled to start at the beginning of 1999, according to research from a pan-European research group. The European Information Technology Observatory (EITO), a research venture funded by European industry associations and trade show organizers, said Thursday that 36 percent of businesses it had questioned had made no plans for the shift to the unified European currency, known as the Euro, and only 3 percent said they were ready now. The research was conducted in the third quarter of 1997, and was presented in the research group's 1998 report on the state of the European information and communication technology industry. Introduction of the Euro will require reprogramming of most European organizations' financial computer systems. "The introduction of the Euro is the most significant planned business change ever to have faced the European IT community. The opportunities for IT vendors and customers alike are unprecedented," said John Gallagher, the report's author, and director of market intelligence at IBM Europe. "But many customers are unprepared and will be handling the Euro in crisis mode. Some suppliers have underestimated the time and effort required to deliver new or updated solutions that are Euro-compliant. Inevitably, there will be some losers as well as winners," he said. Gallagher said most of the 97 percent of organizations that are not yet ready are either in the process of evaluating the situation, or will implement projects before 1999. "We only have about 180 working days left now until the introduction of the Euro on Jan. 1, 1999. We quite clearly have much to do to ensure this will be a success," said Jorn Keck, a senior European Commission official. Gallagher said the attitude and approach taken by the companies varied by sector, size, and country. In general terms, the most prepared were large multinationals, and the least prepared were small and medium-sized enterprises. "I don't believe we are facing a crisis in terms of companies simply crashing, but the fact that some companies are still very unprepared is worrying. But this is not a technical change -- it is a business change," he said. In terms of enthusiasm for the new currency, 75 percent of companies polled welcomed the Euro. They highlighted the disappearance of foreign exchange risks and the simplification of administrative processes as the main benefits. But the remaining 25 percent complained of expensive conversion costs and saw no real return in sales or savings. The evaluation of the Euro's impact on company's IT systems was more evenly balanced. The research revealed a divide between those who said it was an opportunity to replace old in-house systems with software packages and to bring systems in line with new business practices, and those who said conversion to the Euro will delay other, more crucial, IT projects. "I still hear companies saying they will wait. This is madness. When the final political decisions are made on who is in and who is out, I think their attitudes will change drastically. They will have to," said Bruno Lamborghini, chairman of the EITO and president of the European IT manufacturers' lobby Eurobit. On average, only 11 percent of small to medium-sized businesses in the European Union have acted on the IT implications of introducing the Euro, according to a report published earlier this month by the U.K. branch of accountancy Grant Thornton. Across Europe, pressure is growing for the Euro's introduction to be delayed, to allow the costly and expensive year 2000 problem to be fixed first. Last month, a leading British year 2000 campaigner warned that organizations face "certain muddle and possible disaster" if introduction of the Euro is not delayed from its scheduled date of Jan. 1, 1999. techweb.com