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Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (6513)	6/3/1998 11:41:00 AM
From: CharlieBoy	Read Replies (1) \| Respond to of 10786

Jeffrey Thought you might like this extract from PCDealer (date 3/6/98) which is a trade rag in the UK. The figures are based on spend in the UK only.... >>Revenue of œ16 billion will be earned by the year 2000 from work on the millennium bug .... Holway described 1997 as a 'vintage year' for the industry with profit growth at 37 per cent, up on 28 per cent last year. John Higgens, director general of the CSSA, said standards in the industry had also contributed to high profits. He said a continuing strong economy would cushion any downturn caused by the millennium and euro deadlines passing. A switch in demand from fix problems to developing systems would help keep the sector strong. The strength of the industry was also reflected in UK companies leading foreign acquisitions. 'UK companies have always had the vision but now they have the means to do it,' he said. Holway predicted 'hottest new growth areas' as business process outsourcing, desktop services, e-commerce and internet activities - forecast to top œ2.5 billion by 2001 - and resource planning. << Food for thought. CharlieBoy