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Technology Stocks : ACLY- ACCELR8. Year 2000 Stock -- Ignore unavailable to you. Want to Upgrade?

To: Tom Allinder who wrote (1447)	11/8/1998 10:05:00 PM
From: neverenough	Read Replies (1) \| Respond to of 1518

Here's a pretty good piece on ACLY, THE YEAR 2000 PROBLEM By Jim Moore of year2000stocks.com ---------------------------------------------- Decelerate or Accelr8? The Answers Lie Ahead! It was just a little over 1 year ago that I had an incredible opportunity to attend a national Year 2000 Exposition in Dallas TX where I heard some of the worlds greatest technological minds discuss the year 2000 issue. Another gentleman that I had the opportunity to meet was Thomas Geimer, CEO of the Y2K company, Accelr8 Technology who laid out before me a very impressive business plan about the needed remediation of certain systems. According to Mr. Geimer there were approximately 90 billion lines of this type of code around the world that would need some sort of testing/remediation process. Recent days have not been kind to this company's stock price as like so many others in this group there has been quarter after quarter of an earnings per share shortfall. Personally I believe this is because many, many companies around the world are still not addressing the seriousness of this Y2K issue, therefore orders for software and services have continually been delayed in coming in. It is also my opinion that those individuals and companies will be standing in line waiting for companies to be able to fit them into their schedules. According to its recently filed 10k, ACLY boasts of customer names like Intel, Chase Manhattan, Ford, Delta, Raytheon, Dow Chemical and several government agencies such as the U.S. Navy, Army and NASA! Looking forward, things could get interesting for this company. Wall Street currently has one "buy" rating and one "hold" rating on this company. The company's potential for future success will hinge on its business strategy which is based on numerous issues such as a near-term focus on the Year 2000 market, commercialization of the company's Windows NT conversion tools set, the development of new products and services, successful outsourcing, and expansion of its international marketing. Can they do it? Maybe it can be best summed up by a quote from the recent 10k that states, "the company's future operating results will depend on its ability to expand its services organization and infrastructure commensurate with its expanding base of customers and on its ability to attract, hire and retain skilled employees." The future for this company will be interesting and the necessity for numerous types of Y2K remediation should give it the potential to prove itself one way or the other.