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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: David W. Ricker who wrote (4458)	1/29/1999 6:29:00 PM
From: David W. Ricker	Respond to of 4509

I stand corrected (before myself), IDC does predict a spending slowdown for Y2K in 1999, "IDC has been on top of year 2000 (Y2K) spending since the company's 1996 research study of 500 U.S.executives. IDC's 1998 results from the Y2K survey of U.S. companies, while increasing our estimates 6.1%, confirm our earlier estimates of combined internal and external IT spending. Total Y2K spending in the United States from 1995 through 2001 will be $121.96 billion, of which $66.30 billion will be external spending(including services, hardware, and software). The $121.96 billion Y2K estimate represents only 2.6% of total IT spending in the United States over the six-year period. Spending on Y2K projects in the United States will peak in 1998 and then decline in 1999. In 1999, Y2K expenses will be even lower than they were in 1997." from: www.idc.com

To: David W. Ricker who wrote (4458)	1/29/1999 8:00:00 PM
From: Joanna Tsang	Read Replies (1) \| Respond to of 4509

Hi, David! No point...just an observation based on people I know in the business. (And I do work in the ERP business currently.) Very informal survey. I am distinguishing a difference between a standard ERP consultant and an ERP consultant that specializes in Y2K? However, I should have also make the distinction between a programmer and system analyst (someone who comes in and sets the system from scratch.) I figured that the ERP systems are not selling because corporations are putting their financial resources into the Y2K problem that there would not be a need for resource for setting up ERP system 'til that's settled. I don't even want to imagine how much per year a high price PeopleSoft or SAP managerial type makes...I would LOVE to make the kind of salary the worker bees are making...certainly better than us C/S QA Engineers here!!! :-) I agree with you as far as PSFT is concerned. I think they'll pull out of their runt definitely by 2000...AND do MUCH BETTER than they do now. Meanwhile, bring out the TUMS!!! -Joanna