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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (4044)	10/22/1998 6:46:00 PM
From: Robert Scott Diver	Read Replies (1) \| Respond to of 8218

What significant effect do you think the replacement rate of Pentiums is going to have on IBM? Can you explain how the IBM stock buy back resembles a Ponzi scheme? TIA. Scott

To: Skeeter Bug who wrote (4044)	10/22/1998 6:59:00 PM
From: Rob Bowerman	Read Replies (1) \| Respond to of 8218

OK, I'm up for a good discussion.... What I see happening to those that decide to do something too late in the game to fix all of the Y2K problems in their system is to prioritize which systems and programs are critical to running their business and spending the limited IT resources (money and manpower/womanpower) to fixing those items--IF POSSIBLE. This could necessitate new motherboards in certain PCs such as servers, upgrading a couple key programs, etc. But I see a whole lot of not-as-critical work left to be done after the turn of the century. Not every pc/midrange/mainframe is critical to the operations of every business. There are only a relative handful of human resources available to fix code, especially on the legacy systems. Prioritization must and will be done by every modern business that wants to continue more than the next year. There will be work-arounds for many situations (if the elevator stops working, there is always the stairs until someone can get freed up to work on that particular machine). A PC that works for the most part in a persons home but MS Excel 5.0 doesn't may mean that the person doesn't do his/her spreadsheet until a new version of Excel is installed. The key to understanding the impact of Y2K is to realize that it is not "a" problem, but a collection of billions of problems, some important, some not so important. Many fixes will be delayed until time/money/manpower is available. This fix process won't be complete for a long time (years). At least, that is my take on this subject. ;-) --Rob