SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vantive Corporation
VNTV 77.60+2.6%Jan 12 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 45bday who wrote (2842)4/2/1999 11:13:00 PM
From: P314159d   of 3033
 
Should I be worried? with such forward statements??!!

The whole 10-K is at:

sec.yahoo.com

"Growth rates assumed in the analysis for the Combined Revenues were based upon external market expectations for growth in the overall front office market segment at the time of the acquisition.
For the year ended December 31, 1998, the Company's overall revenue growth was materially less than the growth assumed in the analysis and the Company anticipates this trend to continue
based upon the current market outlook. These lowered market expectations are consistent with projections made by other vendors in the ERP and front office automation markets. As a result of
the lower-than-anticipated overall growth, the Company is experiencing lower growth in Combined Revenues and receiving less return on its investment than anticipated in its analysis. Although
lower-than-anticipated overall growth has had an adverse effect on the Company's results of operations,
the Company believes that its investment in ICC has contributed materially to its overall revenues and earnings."

It goes on with such statements for Wayfarer and has a huge list of caveats for bad investment that stretches for several pages. Much unusual for a 10-K ! Now I know they are POed at SEC for the FASB onslaught on the R&D writeoffs(which they have been exonerated from material impact), but anybody comment seriously on this?

No "its just another CYA mgmt policy" crap can be kept aside,please.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext