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Technology Stocks : Vantive Corporation
VNTV 77.60+2.6%Jan 12 4:00 PM EST
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To: Yamphung K. Lee who wrote (2987)7/7/1999 11:27:00 AM
From: seth thomas  Read Replies (1) of 3033
 
Perhaps we listened to a different conference call, or read a different press release. This management team has been in place for about 60 - 90 days. How do you mean "the second management team that botched it?" Luongo was there for many years.

You have to figure this is the write-off/clean up quarter.

Second of all, they stated 40 new customers this quarter - about 3/week. They also stated competitive wins. Not bad in the midst of everything in that company. High level of customer satisfaction in existing and new clients.

There are definitely challenges and issues with this company, but not all gloom and doom. Tom Thomas is strong with execution - sounds like that's most of their problem.
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