Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Fahmy who wrote (60769)	7/18/1998 10:26:00 PM
From: greenspirit	Read Replies (1) \| Respond to of 186894

Fred, and thread, I have been informed by my good friend who is an internet guru, that VOIP has already been demonstrated! That's Voice over the Internet Protocol for those achronin challenged like myself. :-) Here's the links... 3com.com 3com.com All we have to do is dream it and some Internet wizard has already made it! These X-generation kids maybe the most productive, innovative generation to ever come along! Some of us baby boomers must have done something right. :-) Best, Michael

To: Fred Fahmy who wrote (60769)	7/18/1998 10:32:00 PM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Fred and Intel Investors - Year 2000 Problems May Cause Severe Profit INCREASES for Intel. The effect of the Year 2000/Milennium Bug problem have been (and will continue to be) debated as to their effect on Hardware (read -PCs, Servers, LANS, etc.) sales and Software sales. According to the following article, old machines with old, non-compliant software ARE NOT GOING TO BE UPGRADED. They will be REPLACED WITH NEW PCs and NEW OPERATING SYSTEMS AND SOFTWARE. For expedience and testing purposes, I would expect the snowball to begin rolling within a few months and reach its peak about mid-1999 or later. The Year 2000 problem may provide an ENORMOUS WINDFALL to Intel because the PCs and Servers that need replacing will ultimately be replaced with INTEL-based PCs (85 % or more ) and XEON/Pentium IIs for servers. The clock is now ticking - and it will be ticking in Intel's favor (as well as Dell, Compaq, IBM. Microsoft, SAP, etc. Paul {=========================================} Windows 3.1 is early year-2000 casualty By Blaise Zerega InfoWorld Electric Posted at 8:50 AM PT, Jul 18, 1998 As federal regulatory bodies start to more aggressively develop and enforce year-2000 compliance guidelines, the days of Windows 3.1 systems may be numbered. Trading companies and banks are being visited by regulators from agencies such as the Federal Deposit Insurance Corp. (FDIC) and the Securities and Exchange Commission (SEC) for onsite assessment of year-2000 compliance plans. Although these agencies are not issuing specific directives concerning a specific product, the visits are spurring many IT managers to be more aggressive about replacing Windows 3.1 systems. "As far as the government is concerned, there is no such thing as Windows 3.1," said an IT manager at Salomon Smith Barney in New York, where the company has 35,000 desktop PCs. The Salomon IT manager says that as a result of the recent regulatory visits, the company will purchase 2,500 PCs to replace noncompliant BIOS chips within and noncompliant applications being powered by these older PCs. The SEC denies telling securities firms what platform or products to use to achieve compliance. "We would not attempt to engage any firm in that kind of activity," says John Walsh, chief counsel at the SEC. But the SEC's message to securities firms is that without year-2000 compliance, they will have compliance and regulatory problems. To avoid this, Walsh said, the SEC is recommending companies gain compliance by the end of this year, to allow for one full year of testing. To put teeth in these guidelines, the SEC on July 2 enacted Rule 17a-5, which requires securities firms as of July 15 to submit compliance assessment reports to the agency by Aug. 31. "We're definitely telling them they should perform proper diligence," Walsh says. According to analysts, although the SEC might not be dictating products, a regulatory agency's assessment can be tantamount to an order to upgrade hardware and software, which in some ways may help push more business Microsoft's way. "If the SEC is saying we need you to be compliant in these core areas, and that Windows 3[.x] doesn't live up to it, this should do Microsoft a big favor," says Chris LeTocq, an analyst at Dataquest, in San Jose, Calif. Though finance and banking regulators are forcing IT managers to act sooner rather than later, some analysts see a wave of upgrades occurring during the next two years. "There's a gray zone from the end of '98 when people really panic about Y2K all the way through '99 and into the millennium. Expect a flurry of buying," said Roger Kay, senior analyst at International Data Corp., in Framingham, Mass. The U.S. Securities and Exchange Commission, in Washington, is at sec.gov. Blaise Zerega is a senior writer for InfoWorld. Ephraim Schwartz and Jon Cornetto contributed to this article. Go to the Week's Top News Stories Please direct your comments to InfoWorld Deputy News Editor, Carolyn April Copyright c 1998 InfoWorld Media Group Inc. InfoWorld Electric is a member of IDG.net