Below is the contents of a press release found under MIFGY (msgs) on the Yahoo Finance site.
I don't have an answer to your question. Obviously from the press release, as one might expect, MIFGY is active in providing services and products for any upswell in Euro work. From the press release, they also seem to be looking to sell other MIFGY software products such as the release's reference to bundling in PVCS. If the productivity increases gained from the use of MIFGY products and mentionned in the press release are generally true, then Euro would seem to be a big opportunity.
So, it looks like MIFGY is looking to take advantage of the Euro work, and one would think that the pickup here could very well offset any gradual slowdown in the Y2K work.
Why MIFGY is not making more publicity here is certainly a big unknown !!!!!
The following news article was copied from siliconinvestor.com. I only own 1000 shs, but suspect many of you own more. This may help! We'll see tomorrow.
Micro Focus EuroVantage Enables Enterprises To Take
Advantage of Euro Opportunities
Business Wire - November 09, 1998 09:25
LONDON and MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nov. 9, 1998-- Micro Focus (NASDAQ:MIFGY and London Stock Exchange:MICF) has announced today the launch of EuroVantage(tm).
EuroVantage is a solution enabling organizations to create a euro strategy and program that enables them to effectively extend the functionality of their systems to take advantage of euro opportunities. It combines three key modules, comprising process, products and services. EuroVantage will help organizations implement the most effective method of adopting the euro, resulting in significant time savings and increased productivity during all phases of their euro program.
"Research has shown that global companies require flexible solutions to their euro currency problems," said Marianne Hedin, Ph.D., research manager consulting services at IDC. "Micro Focus' flexibility in offering services at whatever point the client wants to initiate its euro conversion work is a competitive advantage. Its core competency in enterprise application development is another plus." Dr. Hedin is a chief author of IDC's recently released report, "The Impact of the Euro on IT and Consulting Services in Western Europe and the United States." Dr. Hedin estimates that the market for euro software and services is approximately $150 billion.
This comprehensive solution helps organizations transform their business processes and enables Information Systems (IS) to accurately execute euro transactions and effectively leverage the business opportunities offered by the euro.
"With Micro Focus' help, we have significantly increased our productivity for our euro project. In some areas, the job was completed up to 50 times faster than we expected," said Jaap Blom, Euro project manager, ING Bank Netherlands.
EuroVantage includes the new EuroSmart(tm) monetary analysis product, the Micro Focus EuroRouteMap(tm) process and a suite of euro services. They are complemented by the following Micro Focus products: the PVCS(R) line of software configuration management products, the Net
Express(tm) Web development environment, the Mainframe Express(tm) maintenance and development environment, and the TestSuite(tm) range of testing products.
CONTACT: Micro Focus
Anna Fijewski, 650/404-7294
akf@microfocus.com |
