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To: Jeffrey S. Mitchell who wrote (6480)6/1/1998 8:01:00 AM
From: deltarider  Read Replies (1) | Respond to of 10786
 
Jeff,

I feel obligated to report that on Friday, May 21st, 1998 on the day of the Alydaar's shareholder meeting, Alydaar appears to have filed suit against Ingram Micro, one of their Year 2000 clients for failure to pay. The Charlotte Observer apparently confirmed the suit with Gruder this past Friday, Gruder stated that the suit was filed in Mecklenburg County, but as of the 28th, there was no record in Mecklenburg County files of any suit, I checked myself. I don't know where the suit was filed, but from my sources, there definitely is a lawsuit.

Can anybody confirm this suit?

Where is it located?

The only reason I can think of for a Year 2000 client not to pay, is that there would a question of whether Alydaar did the work and it worked. I fear this is very serious.

Please post some feedback.

Thump9



To: Jeffrey S. Mitchell who wrote (6480)6/1/1998 8:49:00 AM
From: Robert K. Sims  Respond to of 10786
 
No, they really mean $1600

I think it was discussed at the shareholder meeting that the cost of fixing an error after code was remediated and put back into operation would cost $1600 per line. This was an extremely valuable statement with consideration of Alydaar's low error rate.

-Robert