To: arch gammons who wrote (1746 ) 7/12/1998 4:14:00 PM From: cage Read Replies (1) | Respond to of 2011
Arch, In answer to your question concerning whether I like any other other automated factory conversion stocks-I am sure there are others that will do well, but IMHO, since most y2k companies are involved with COBOL, there will be tremendous competition there. That makes picking which will do well more difficult. Surely there will be quite a few that do well, but I am sticking with IAIC. IAIC has smartly staked out a special niche by working with specialized CA languages. Yes, IAIC also has tools that work with different COBOL languages, and that puts them in a position of picking up additional work from a company that may start out using them for a specialized language and then decides to use IAIC for the COBOL part as well. It would make sense if they were satisfied with the quality of the work by IAIC. Why use multiple companies for similar problems if one company can do it all. TAVA-I am familiar with their product to the point that it is basically working on imbedded chips, which is a totally different area than the one IAIC is in. I don't know how many companies are in direct competition with TAVA nor how large a business segment they have to draw clients from. I also don't know their pricing or their margins. As for ALYD and ZITL, I am not familiar with their tools other than they are automated, and I really can't comment on them. At this time, I myself would only invest in other y2k companies by investing in a fund that does the research for me. Unless I got a strong story from someone I know about another y2k company. If your broker is in touch with analysts that cover y2k companies he is in a lot better position than me to select the better positioned y2k companies. I do know that in addition to the revenues coming in to a y2k company from its y2k work, there is tremendous pressure on them to show that they have non y2k business now or at the least non y2k designs for post y2k business. I know that IAIC has non y2k work-in fact it was in migration work prior to delving into y2k work. IAIC is also pressing forward with future non y2k work and it is my feeling that that effort will pay off big time for IAIC within the investment community. If you don't mind, I am curious to know how you and your broker heard about IAIC and decided it was a y2k company that was worth investing in. I am always happy to hear good things about IAIC-especially from a new voice. Have a nice day. Joe