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Technology Stocks : Hyperion Solutions (HYSL) - An Analytical Gorilla?

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To: Ed Frye who wrote (446)4/26/2000 8:53:00 AM
From: Dave O.  Read Replies (1) of 471
 
Ed,

Some notes from the call ... direct vs. indirect was 62% and 38% (last year it was 71% & 29%). $2.1 million in restructuring European ops, mainly severance costs. DSO increased from 88 to 99 (need to get it back down to 80-90). Sales force situation stabilizing, perhaps because reps hitting quotas meant bonuses etc. Any revs from OS/390 will not begin showing up until Q4 since IBM revs are booked in arrears. No repricing of options although employees were given some new options (around $45, which Rodek thought was a good price at the time). When asked about stock repurchase they danced around a direct answer but Rodek all but said they are undervalued relative to others in the sector. Good call overall with DSO needing a little work and I'd like to see an end to these severance expenses.

Dave
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