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

To: Cheeky Kid who wrote (1736)	5/9/1998 2:40:00 PM
From: Steve Woas	Read Replies (2) \| Respond to of 9818

Sire, Often legacy systems have software that may have taken large teams up to 10 years to write. On those systems you do not just go out and buy new equipment and software to solve the problem. Many, with a PC background, find this hard to believe. Good Investing, Steve

To: Cheeky Kid who wrote (1736)	5/9/1998 6:47:00 PM
From: Christine Traut	Read Replies (1) \| Respond to of 9818

Sire: I agree that putting in new, Y2K compliant software often makes more sense than maintaining current systems. The problem is the amount of time it takes to put in a new system. I'm a technology strategist, but have been living inside a big IT division for over ten years. I can tell you that putting in any software package is A Big Deal. Takes time. Mostly the time of getting the users (accounting, sales, whomever) to understand and make the business decisions that are embedded in the software. Haven't seen it happening yet, but Montgomery Securities is actually forecasting a bad year or so for ERP companies like PeopleSoft and SAP. The idea is that everyone will be in a panic over Y2K, but won't have the time to put in one of these packages. Ergo: an actual slowdown in sales for companies like SAP.