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

To: paul e thomas who wrote (11738)	5/24/1998 6:42:00 PM
From: sibe	Read Replies (2) \| Respond to of 13949

techweb.com "Similarly, the earlier estimated cost for year 2000 fixes of $1.10 per line of Cobol code now looks way too low. In an in-depth study of three companies, Gartner Group found that all three had erred egregiously in their estimates of where their companies do their computing. Though the companies had said usage was 80% on the mainframe, 20% on client-server, Gartner Group found the reverse to be true. The IT advisory firm has accordingly upped its estimate. Taking all computer languages into account, plus PCs, servers, embedded systems, networks, vendor compliancy, supply-chain analysis, and everything else falling into the scope of the three companies' year 2000 projects, Gartner Group now estimates that the rule of thumb for average year 2000 costs is $6.46 per line of code-nearly six times higher than its original estimate."