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

To: sibe who wrote (1397)	4/6/1998 10:10:00 AM
From: David Eddy	Read Replies (1) \| Respond to of 9818

sibe - I heard the figure of $1 per line some time ago. Those $/LoC figures are SWAG ('scientific wild guess') only. Absolutely not for precision. Look at it this way... I know one company that is exceptionally well organized. They started with knowing what they have (on the mainframe, desktop is separate issue) & they're spending 25% of their IT budget on Y2K. Look at this 25% as absolute minimum. These guys are olympic athletes. Therefore, more normal companies are looking at at least 50% of their annual IT budget. As they say... "close enough for government work." - David