SI
SI
discoversearch

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.
Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?


To: LoneStar who wrote (1699)8/14/1998 10:15:00 PM
From: Blayton  Read Replies (1) | Respond to of 2534
 
******Perhaps ALYA needs to have someone marketing to the U.S. Government. They seem to have BIG Y2K problems.

Might be a good prospect for Strong marketing types.

Blayton
--------------------------------------------------

(COMTEX) B: COHEN: PENTAGON's Y2K PROGRESS 'INSUFFICIENT'
B: COHEN: PENTAGON's Y2K PROGRESS 'INSUFFICIENT'

Aug. 14, 1998 (ARMED FORCES NEWSWIRE SERVICE via COMTEX) -- In a
memorandum last Friday to top defense officials, Defense Secretary
William Cohen says the Pentagon "is making insufficient progress in its efforts to solve" the department's Year 2000 (Y2K) computer problem.

Cohen's statement appears at odds with comments he made in June at a
Chamber of Commerce breakfast. He then told the audience that the
Pentagon had made "considerable progress" in solving its Y2K computer
problem and did not deserve low marks from separate reviews by the
General Accounting Office (GAO) and the White House Office of
Management and Budget. Cohen told the group that Y2K compliance is
"probably the highest priority we have right now."

DoD is trying to rewrite software code so that more than 2,000 "mission critical" computer systems do not shut down on Jan. 1, 2000. The systems include everything from nuclear command and control software to fire control and guidance equipment. The Y2K glitch results from the use by older codes of two-digit year dates and their resulting inability to process the Year 2000 date. Defense officials have said that the major problems appear to be command, control and
communications systems, rather than weapons systems, many of which are
not governed by a year date.

In last week's memo, Cohen asked Chairman of the Joint Chiefs of Staff
Army Gen. Hugh Shelton to submit to him a Joint Y2K operational
evaluation program by Oct. 1. Cohen also wants the Unified Commanders-
in-Chief (CINC) to report to him the status of their Y2K corrections
starting next quarter.

Beginning in September, the Senior Readiness Council is to inform Cohen of the readiness implications of Y2K. In addition, defense officials are to provide Cohen a "detailed report on the Y2K compliance of the nuclear command and control system" by Sept. 15, a report which is to be briefed to the Pentagon's Y2K Steering Committee next month.

Deputy Defense Secretary John Hamre has said that DoD is developing a
plan to share early warning information with countries like China and
Russia whose nuclear command and control software may fail on Jan. 1,
2000.

By Oct. 1 Cohen also wants a report from each of the services and
defense agencies on the Y2K status of all Acquisition Category I, IA
and II systems to include "all related logistics and support systems"
and those used by the Reserve and National Guard.

The interfaces that "mission critical" systems have with other systems
complicates DoD's task. In the memo, Cohen says that the services,
CINCs and defense agencies must insure that by Oct. 1 "funds are not
obligated for any mission critical system that is listed in the Y2K
database that lacks a complete set of formal interface agreements for
Y2K compliance."

Cohen also writes that by Oct. 1, a list of the "mission critical"
systems will be accurately reported in the DoD Y2K database, with "each change in mission critical designation reported and explained within one month of the change" to the Office of the Assistant Secretary of Defense for Command, Control, Communications and Intelligence (C3I).

Today's edition of Defense Daily reports that after Oct. 1, the
Pentagon will not spend money on date-reliant information technology
and national security systems, if their contracts do not have the Y2K
requirements specified in the Federal Acquisition Regulation (FAR).

Domain users in Defense Information Systems Agency (DISA) megacenters
must also sign "all associated explicit test agreements with DISA" by
Oct. 1 or face a cut-off in funds.

The Pentagon plans a thorough review of its Y2K compliance. "We will
take a hard look at progress in November and December," Cohen writes in the memo. "If we are still lagging behind, all further modification to software, except those needed for Y2K remediation, will be prohibited after Jan. 1, 1999."

-0-

Copyright Phillips Publishing, Inc.

*** end of story ***



To: LoneStar who wrote (1699)8/15/1998 8:43:00 PM
From: Jane Hafker  Respond to of 2534
 
Ah, on the positive side, the market flopping around like an epileptic, sudden and mounting "bear market moves may be in the best interests of the investor"...."move to bonds in this type of market is sometimes a good idea"...etc. ALYA only moved a little lower in it's rather constant 80-90 swing, and like I said, some MMs and day players are making constant money on it, on almost a daily basis, it looks like. But we are hardly on a run-away train going south.

There has to be SOME money in this stock still up 40-75 percent, and they sure don't seem to be jumping out and taking profit. I think it's great.

Anyone correct me if this is all wrong. I'm just trying to learn more about reading the stock winds.