Re:I worked on it ...(CSC stock prices unfazed)
on
No EZ Fix For The IRS
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· Score: 1
Amazingly, CSC's stock price has climbed from about $29/share a year ago to about $43, in the face of seemingly horrible publicity. Seems like the piling on mentioned above hasn't really hurt the company's bottom line; after all, CSC's main business is reselling IT workers' time (at a markup) to the government. CSC's performance on this project is certainly not inspiring (they appear quite incompetent), but as long as they don't actually lose the contract, the money will keep rolling in (until the caps kick in), and the stock analysts will probably be pretty happy. It is a huge project.
Re: CIO, IRS - acronym explained (by the IRS)
on
No EZ Fix For The IRS
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· Score: 2, Informative
About 20 years ago, I worked for a company near Boston, and played
in a co-ed softball league made up of teams from other companies in the area.
One of the teams had an extremely attractive third basewoman, who was
also quite friendly, which I discovered during a game where I had actually
made it to third base. At the beer hall we went to after the games,
I asked her what she did; she told me she was the head of Q&A for
a product that would supposedly produce provably correct programs. You used
some kind of GUI to draw something like a flowchart, typed in a few constraints,
and then clicked on a button, and out would come bug-free code (in Fortran
or something). "Sounds cool" I said, but she laughed and said that the development
team had been having a really hard time getting the bugs out of the tool's parser.
For the next few weeks, the joke was about the shortsightedness of her company's
management - "Why don't they just do the obvious thing, and use their tool to
generate the code for the parser?". They never were able to get all the bugs out, and went out of business a short time later.
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Amazingly, CSC's stock price has climbed from about $29/share a year ago to about $43, in the face of seemingly horrible publicity. Seems like the piling on mentioned above hasn't really hurt the company's bottom line; after all, CSC's main business is reselling IT workers' time (at a markup) to the government. CSC's performance on this project is certainly not inspiring (they appear quite incompetent), but as long as they don't actually lose the contract, the money will keep rolling in (until the caps kick in), and the stock analysts will probably be pretty happy. It is a huge project.
The meaning of the acronym CIO in the context of the IRS is explained here (from the horses mouth): IRS Manual - description of the responsibilities of the CIO
About 20 years ago, I worked for a company near Boston, and played in a co-ed softball league made up of teams from other companies in the area. One of the teams had an extremely attractive third basewoman, who was also quite friendly, which I discovered during a game where I had actually made it to third base. At the beer hall we went to after the games, I asked her what she did; she told me she was the head of Q&A for a product that would supposedly produce provably correct programs. You used some kind of GUI to draw something like a flowchart, typed in a few constraints, and then clicked on a button, and out would come bug-free code (in Fortran or something). "Sounds cool" I said, but she laughed and said that the development team had been having a really hard time getting the bugs out of the tool's parser. For the next few weeks, the joke was about the shortsightedness of her company's management - "Why don't they just do the obvious thing, and use their tool to generate the code for the parser?". They never were able to get all the bugs out, and went out of business a short time later.