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Technology Stocks : Vantive Corporation
VNTV 77.60+2.6%Jan 12 4:00 PM EST
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To: seth thomas who wrote (2984)7/7/1999 6:28:00 PM
From: Mike Buckley   of 3033
 
Seth,

If you're going to hold me to the letter of my statement that revenues aren't growing at all, you're right. But anyone following this space should recognize that this is a high-growth business that is not inuring to Vantive's benefit of late.

Also, the important part of Vantive's revenue is their licensing revenue which is as follows:

March '98: $22.5 million
June '98: $19.2 million
Sept '98: $21.7 million
Dec '98: $25.8 million
March '99: $22.2 million
June '99: about $22 million, according to the company

With the exception of the December quarter which is always the big quarter for front office companies, Vantive's licensing revenue has been the same or below the level they established five quarters ago.

Like I said, no growth.

--Mike Buckley
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