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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock -- Ignore unavailable to you. Want to Upgrade?


To: bistineau_la who wrote (1270)3/24/1998 7:06:00 AM
From: Mr Logic  Respond to of 1518
 
Julius,
>>Things will get crazy when everyone wakes up and realizes it's too late!<<

I would agree that the Y2K problem should have been addressed sooner. But across the (medium/large) companies I have day to day dealings with there is a high awareness and ongoing remediation work/plans. Even if the demand is significantly backloaded, we should be seeing much higher revenues already - and we are not.
People waking up and throwing money at Y2K vendors is a convenient way for these companies to explain how they are not living up to expectations. How do these two explanations compare:

"The revenues are not as high as we had hoped, so our share price is too high"

"These folks are going to get a shock and spend even more money than we expected over the coming months... and they will have to keep fixing the problems till 2003"

The elongated timescale should make you suspicious. So the VAX does not work on 1/1/2000. No problem, just manage without it and fix it in a couple of years. If you can manage without it why bother fixing it?