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Technology Stocks : Advent - Portfolio Management Software

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To: newecon who wrote (24)2/18/2000 3:19:00 PM
From: Turs  Read Replies (1) of 27
 
Yes, this product is licensed, with maintenance running between 15-20% (don't know for sure). Very traditional.

I expect it will certainly drive faster growth at ADVS. It costs more (north of $1m) and the company is going to start doing more than 1 deal a quarter (the pace up until December). I know about how many deals they've done because they all get announced. Just follow the press releases - I'm sure they'll announce every one.

Turs
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