Playing Chicken With CGI Group

It's pretty clear the website is a total debacle. It shouldn't have been a big surprise. Mega-tech projects almost always turn out like this. And it's just not government projects. I can count half a dozen huge enterprise software implementations that wrecked a lot of quarterly earnings announcements.

In 1999, Hersey Foods' (HSY) enterprise system failed during Halloween and cost the company over $100 million in lost candy sales. In 2000, Nike (NKE) spent $400 million on a newfangled computer system. Inventory was so screwed up, the stock dropped 20% and the company faced a mountain of class action lawsuits....471 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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