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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (5466)	4/11/1999 6:10:00 PM
From: flatsville	Read Replies (1) \| Respond to of 9818

Cheeky--Mitch really said this? Just recently said this? (or something to this effect?) >>>He says it would be a good idea for companies to use Y2K repairs as a lost leader to get their foot in the door. (Not exact words)<<< My, oh my! Isn't he brilliant! I assume that he's not aware that many y2k/IT body shops have been using y2k to get their foot in the door for the past 3+ years and have acutally made a profit on the y2k jobs and posted quarter over quarter growth in earnings to boot. y2k need not be/was not a "loss leader" for any company that knows/knew what it was doing. Glad their board of directors weren't listening to Mitch, "I'll pit my experience and knowledge of the industry and issues related to IT management against anyone of the doomers," Ratcliffe.

To: Cheeky Kid who wrote (5466)	4/11/1999 10:11:00 PM
From: David Eddy	Read Replies (1) \| Respond to of 9818

Cheeky - that most companies would keep the Y2K repairs in house or replace old systems. It indeed has come to pass that most work has been done in house. Remains to be seen what the quality is. Replacing old systems is a red herring. It's easy to say & puts people off the scent because it sounds so logical. However it's very hard to do. I was speaking with a Harvard Business School professor who's attempting to analysize ERP (Enterprise Resource Planning - SAP, PeopleSoft, Baan, Oracle Financials, etc.) projects. Aside from the fact that it's very hard to get a fix on accurate/consistant data, he was willing to say that it appears that 50% plus of these projects are considered failures. Dig up someone who's been on a systems replacement project... very hard work. Easy to talk about in rousing PowerPoint slide shows, & very hard to make happen. - David