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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (7361)	4/19/1998 10:05:00 PM
From: Druss	Respond to of 18691

Roger--You have more experience in this area than I do. My sole experience outside of public information such as articles and stock forums has been a couple of friends who are software engineers and told me they felt it was very overblown. You very well may be correct that the figures in the article were too high. To some extent there is a 'take a ball park guess' that has to be made. I sure would not quibble with a lower figure. I would agree with you that the Y2K revenue at this time amounts to less than 10 billion. Taking Gartner Groups latest figures, the Chronicle article is coming in at 7.7% of the 1.5 trillion they are touting. Though you did not specify I would guess you are thinking in terms of 2 to 5% of the Gartner hype. Either way it clearly brings into focus why so many Y2K companies are not generating much if any [Zitel] revenue. All the Best Druss

To: Roger A. Babb who wrote (7361)	4/20/1998 1:55:00 AM
From: put2rich	Read Replies (1) \| Respond to of 18691

Y2K - My guess is that some of the money for Y2K will be diverted to upgrade the new software systems from dinosaur Cobols to things like Oracle Financial, SAP and Peoplesoft modules. Well, I wish they allocate more money to the problems since I will learn Peoplesoft soon and will work as a PS programmer in 3 mos. (go to www.aligned.com and see some Indians w/ not famous college degrees from India, worked 2 yrs in S/W in India, 1 yr here w/ PSoft and ask for $110/hour. While I have 14+ yr experience in Mech from a top notch college here, and lucky if find $40+/hour for the rest of my life)