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 : Advent - Portfolio Management Software
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew Dent who wrote (3)4/16/1998 9:57:00 AM
From: Turs  Read Replies (1) of 27
 
License revenues up 73%. Total revenues up 46%. The company had some expenses related to an acquisition which they always fold into the income statement. Therefore, the operating margin looks much lower than it really is. Suites (multi-product sales) are over 50% of sales now, which just shows how much demand there was for the new products that Advent introduced in the last two years. Just released Axys 3.0, which will help ADVS move up in targeting larger money mgmt. organizations (it has more fixed-income functionality). Maintenance renewals were 95%, which is up from 92% historically and 94% last quarter. The company is really lowballing the Street and they may do $1.20 this year (up 40%) and possibly $1.60 next year. I think it's still somewhat expensive at 40X '98 and 30X '99, but I only sold half of what I owned (at $46 a couple weeks ago). I wouldn't buy any here, but I wouldn't cash out either.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News