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Technology Stocks : 1999: RETURN OF THE YEAR 2000 (Y2K) STOCK -- Ignore unavailable to you. Want to Upgrade?


To: BigJake who wrote (1)11/17/1998 1:19:00 AM
From: Runner  Read Replies (5) | Respond to of 17
 
Somone on the ALYD thread posted G.E. 's cost on fixing the Y-2k problem was 550 million dollars.

If that is true, there is a lot of revenue to be had, and made by all the Y-2k companies.

Runner



To: BigJake who wrote (1)11/18/1998 10:28:00 PM
From: paul e thomas  Read Replies (1) | Respond to of 17
 
The problem is how does the market value at the most 24 more months of strong cash flow?What multiple is appropriate?



To: BigJake who wrote (1)11/21/1998 7:53:00 PM
From: Urlman  Respond to of 17
 
Illinois faces $114 mln in Year 2000 costs--paper

Friday November 20, 10:14 am Eastern Time
CHICAGO, Nov 20 (Reuters) - The cost to Illinois of fixing Year 2000 computer problems has risen to an estimated $114 million, the Chicago Tribune reported Friday.

Citing a draft outline task force report to the General Assembly that it obtained, the newspaper said the cost of fixing the computer bug in dozens of state agencies reporting to the governor's office had jumped 65 percent over a cost estimate made by state officials late last year.

The estimated price tag does not include other state agencies, such as the treasurer's office, that do not report to the governor, according to the report.

Many computer systems were built to recognize only the last two digits