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

To: RikRichter who wrote (1631)	5/28/1998 6:23:00 PM
From: cage	Respond to of 2011

From the announcement today it would seem to be small in and of itself, except the release indicates that the state of West Virginia will be looking to IAIC & CA to work on other departments of the state in the future. Since there are numerous departments in a state it bodes well that the state seems intent on using IAIC for assistance with other departments and expects them to help them become y2k compliant some time in '99. Certainly if it were only going to work on 500,000 LOC it would not take until 1999 for an automated tool to make them compliant. As for the EDS article about using programmers well past the year 2000, it is not surprising to hear that. So many areas are opening up to programmers-such as e-commerce, as is mentioned in the article. IAIC will be heavily involved in remediation. That was again brought out in yesterday's press release from the shareholders meeting. One of the things I picked up by speaking to someone at IAIC was, we are getting heavily involved with very large companies in South America. This is important, since as he pointed out, those companies are very heavily involved with using the older languages which need a much higher dose of y2k work and after that a high dose of remediation of older to newer languages. That fits in nicely with the company's plans to use its connections that it is making with companies by solving their y2k problems and later updating that same company's older languages. IAIC would be the natural choice for that since they have already worked with the companies in question and with their programs. So whether IAIC gets involved with e-commerce or not they too will have use of many of the programmers they are hiring now. Perhaps by then they will also have embarked on newer and different avenues. IAIC has been around a long time and it has gone through one major changeover to take advantage of the ever-changing playing field of computers and technology. When the time comes it appears that IAIC is already getting set for follow-up activities that will carry it into other fields. The very idea that EDS points out in the article-the ability to adapt will keep some companies going long after the y2k and IAIC is looking more and more like one of them. IAIC is just now starting its ramp up in business and revenues. As S. R. of IAIC points out, IAIC is now at the knee on the curve and it will run up. Closed at over 12. Let's hope it keeps on going up without a drop off.