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


To: Kathy Riley who wrote (12134)6/30/1998 8:07:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 13949
 
I find it interesting they [Aerospace Corp] say they are well along and just now signing for a tool contract [w/ ALYD]...

ALYD has stated publicly that upwards of 60% of their contracts come from companies who have attempted to do the conversion themselves or who have had problems with other vendors. Whether this contract falls into that category, I don't know... yet.

As for the line at the end about Aerospace starting their project 1.5 years ago, yes, it certainly seemed quite funny to me. Kind of like they said to ALYD "OK, we'll allow you to issue a press release if you let us make it clear we weren't procrastinating-- that everything is going according to schedule."

Regarding the term "tool contract", I'm not sure exactly what you mean. ALYD doesn't license its tools to anyone. They just use their SmartCode technology in-house to automate the remediation process as much as they can and to keep the error rate to an absolute minimum.

Lastly, it's good to see the body shops doing well... again. Let's hope they help get the sector noticed... again. Also, I was quite surprised at the size of the COGIF contract. Even if we lop off a third ($1.66M) for outsourcing the computer leasing, that still leaves $3.33M for remediation, which, at .33 a line, is 10 million lines! If that stock doesn't make a run tomorrow there's no justice in this market (g).

- Jeff