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 : OBJECT DESIGN Inc.: Bargain of the year!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GUSTAVE JAEGER who wrote (2180)7/23/1998 10:50:00 AM
From: Mark Finger   of 3194
 
>>IFMX shrinkage...
Yes, I commented on this last night on the IFMX thread. If you look at the restated numbers on last years reports, you will notice that Q2 was the highest of all 4 quarters. This virtually never happens. Sure there was shrinkage this quarter on a y/y basis. On a q/q basis, they grew sales 8%. Come back in a quarter and look at this in October. Q3 last year had sales under $150M.

I commented about this back in May (or thereabouts) indicating that I expected some sales shrinkage. The numbers came in almost exactly what I expected back then (I was expecting $175M sales and at least $.06 on operating profit)

IFMX and the RDBMS companies generally have sequentially growing sales through their fiscal 4 quarters, regardless of when the fiscal year ends (Oracle ends in May). IFMX in 1997 broke a pattern that had generally been there for 10 years or more.

Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext