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

To: David Eddy who wrote (10541)	3/31/1998 11:01:00 AM
From: TEDennis	Respond to of 13949

David: "Offsite/outsourcing is no panacea" Amen, brother! TED

To: David Eddy who wrote (10541)	3/31/1998 11:50:00 AM
From: Jeffrey S. Mitchell	Read Replies (2) \| Respond to of 13949

David, OK, here's the lowdown about ML and PTUS: ML supposedly has about 160M lines of code to convert. A couple of years ago they bought PTUS tools to do it in-house. After a progress assessment they realized they had only done about 50M and thus were not even close to getting things done on time. The Y2K project manager was fired and a new one brought in. This new person decided they needed to outsource some of the code and gave a 5M line pilot to CCD-Online. After successful completion of the pilot, ML gave CCD-Online another 10M lines. I am not sure if they have started to move to CCD-Onlines in-house tools, or whether they are just using two methodologies. As you pointed out, this may not at all be the fault of PTUS' tool. But it does give further credence to what I've said from day one that the large companies need to outsource to meet their deadlines. A tool is only as good as the user and training the users takes time-- time that is ticking away. As for CCD-Online, these guys were shaping up to be the hottest IPO of the year. Instead, I hear internal problems, such as not being able to keep a CFO for more than a few months, has screwed up the timetable. Even worse, a large part of their sales force quit because 2/3 of their pay was to be in "other compensation", as in stock options from the planned IPO. Now it looks like the IPO will be scrapped, but you never know. BTW, CCD-Online has an alliance with OPSY for their factory stuff. Hope that helps! - Jeff Disclaimer: none of this info is from a first-hand source.