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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation -- Ignore unavailable to you. Want to Upgrade?

To: Sid Turtlman who wrote (1607)	5/19/1998 9:35:00 AM
From: RikRichter	Read Replies (1) \| Respond to of 2011

IAIC Forecasts "Robust" Record Second Quarter Sales and EPS Fax just sent to me from IR. Headlines on DJNS. Factory partners to DOUBLE this quarter from 5 to 10. New Y2K deals signed with major financial services sub. of a major multinational co., a major international telecommunications carrier, a major Latin American oil co. and several US country governments. Additional details about post-Y2K strategy outlined. I will post the URL when available. Regards. Elliot

To: Sid Turtlman who wrote (1607)	5/19/1998 12:42:00 PM
From: Ron Sirch	Read Replies (1) \| Respond to of 2011

Some Relevant Thoughts from the SEEC Board: I had a good discussion with a prominent y2k analyst about SEEC's core technology. It continues to shine and continues to provide a basis to enthusiastically embrace the thesis that SEEC will continue to be a premier growth company well into the next century. Actually, most of the leading y2k companies are well-positioned for the long term,IMO. Wall Street has chosen to accept the rather cavalier assertions by a number of analysts that y2k companies run out of work on 1-1-2000. However, NOT ONE serious y2k analyst will agree with that thesis. By the way, I believe that the year 2000 may well be the busiest year for y2k work and 2001 will be the post-triage busy period. But past that period, there are trillions of dollars of IT investment that will require maintenance and upgrading. When the y2k analysts finally prevail in the media, SEEC and other leading y2k stocks will post dramatic turn-arounds, IMO. From today's IAIC release (which is worth reading in its entirety): snip << A Post-Millennium Strategy "I'm aware that one of the criticisms of companies engaged in Year 2000 products and services is that investors are dubious about the future of these companies beyond 2000," Mr. Rosenberg said. "I believe that for us, our Year 2000 work provides a jump-start to our traditional systems migration and modernization work. "Between now and the time when Year 2000 compliance business finally ends, we believe we will have worked with hundreds of companies that should be candidates for our migration and modernization services. If we do our job well over the next few years, we believe our continued growth and profitability should not be in question. This is one company which has its post-millennium strategy in place." >> snip Well said IAIC. Anyone who does not believe IAIC should sell all y2k stocks. If you believe them, as I do, I believe you only have to be patient a little bit longer for your reward. All IMHO, of course. Ron Sirch

To: Sid Turtlman who wrote (1607)	5/19/1998 9:19:00 PM
From: Matthew F. Kern	Read Replies (1) \| Respond to of 2011

Sid: PE near 1? 1) No way, revenues will ramp down after 1/1/2000... not drop to zero. Not one single technology analyst says the revenue just +++POOF+++ goes away. 2) The services business and customer contacts IAI has built can be applied to non Y2K work with little problem, like all software professional services firms. They will be doing development, modernization, studies, migration etc. MOMENTUM IN REVENUE IS KEY IN THIS BUSINESS! The only real question is if IAI will adopt a position to take advantage of migration to 21st century technology like JAVA and CORBA and Jasmine etc. I believe they must, and they will. I expect no fossil like ploys to bank on the past glory of ORACLE and HP as if those companies are tallismans able to stay afloat in the face of the changes ahead as they did last decade. I doubt IAI will expect to stay with Y2K even when Y2K will become obsolete in but a few years. Nor do I expect them to stay with mainframe only support, as mainframes change in the face of 64 bit computing. These folks aren't stupid, Sid. They can read the handwriting on the wall. They will be where they need to be in two years or so, IMO. But, until they acnowledge the issues, I must agree you have a right to question it all and ask if they have a long term future. I would expect some answers at the annual meeting. Oh, and of course the secondary question of if IAI will ever become well known and widely known enough to support a stock price over this bargain discount level remains a biggie. But there are always questions, the point here is IAI has achieved what it said it would. This is the beginning of a big player, not the flash of a shooting star. ..................Matt