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Technology Stocks : Vantive Corporation

VNTV 77.60

+2.6%

Jan 12 4:00 PM EST

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To: Melissa McAuliffe who wrote (1711)	3/24/1998 9:09:00 AM
From: Trader Dave	Read Replies (2) of 3033

Clarify rejected sebl's offer on several counts including pricing and culture fit. My contact base indicates that Clarify rejected a mid 20's type offer. Clarify is far better positoned than scopus was - new products, revamped salesforce and new ceo. Scopus probably didn't have much choice. If Clarify can recover to the mid twenties or better by the end of the year on its own that's a far better outcome than the pending dissection of the company ala scopus. Listen carefully to the sebl cfo - "Scopus was the best company we could acquire on March ?? 1998 at a price we were willing to pay." Even if clarify continues to recover and the stock doesn't move, there will be many other interested suitors out there that might involve a better fit for clarify. Kevin, it is my understanding that there have been at least 4 senior level sales and technical departures from scopus - to be expected. the question is really how many resumes are on the street for real? spelling apologies - SI spell checker busted. TD

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