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The Wall Street Transcript publishes e-Business Software Report
in Deutsche Banc Alex. Brown TECH 99 e-Business Conference
Issue
11/9/99 11:33:00 AM
Source: PR Newswire
NEW YORK, Nov. 9 /PRNewswire/ -- The Wall Street Transcript, 212-952-7433 or
twst.com, has just made available a report on e-Business as part of the special
192-page edition produced for the Deutsche Banc Alex. Brown TECH 99 e-Business: Vision and
Reality Conference. Featuring interviews with eleven leading analysts plus CEOs or top management
from 44 companies, this special issue offers an excellent current review for analysts, investors, and
companies.
1) e-Process & e-Business Solutions -- Director and Senior Research
Analyst James Moore with Deutsche Banc Alex. Brown offers an
insightful, extensive (3,200 words) analysis of the exploding e-Process
& e-Business sector, including the outlook for the sector,
compounded growth rates of more than 70%, niche sectors, Internet
efficiency benefits and offers specific stock recommendations.
We see the Internet driving fundamental changes in the global
corporate environment, and we believe that these changes are more
than just automation, Moore states, "By leveraging the Internet,
companies are creating hyper- efficient business processes, which is
the reason that we have coined the phrase "e-Process." Furthermore,
we use the term revolution because we're witnessing a sudden and
radical change in how businesses operate that is driven largely by the
ability to become more nimble, lean and efficient by using the Internet.
The e-Process Revolution implies more than simply putting up a Web
site and refers to all of the other things that can be accomplished with
this technology."
The most efficient companies have real-time scalable communication
infrastructures that facilitate collaboration with subcomponent vendors
and efficient processes for making product changes and introducing
new product initiatives, Moore states, "PairGain Technologies, which
redesigned its HDSL product to obtain significant cost reductions. The
company submitted the engineering change order to the materials
management and manufacturing people, who responded that it was
possible to implement the change but that it would take nine months.
This was not acceptable because the product's life cycle was only
one to two years. PairGain completely redesigned its supply chain using an Internet-centric product
from Agile Software (Nasdaq: AGIL). PairGain reduced its inventory by millions of dollars within a
year and cut cycle times by significantly more than two months."
This Conference Issue includes an extensive interview with Agile Software CEO Bryan Stolle. A free
interview excerpt featuring Agile Software CEO Bryan Stolle commenting on his outlook for the firm
is available at archive.twst.com
To see a free brief interview extract featuring Mr. Moore's commentary on the outlook for Agile
Software see archive.twst.com
"Our favorite small cap name is Business Objects (Nasdaq: BOBJ)," Moore states, "Business
Objects provides solutions that enable delivery of corporate information to functional business
managers who are both inside the company and outside the company in several levels of its
ecosystem."
"Mercury Interactive (Nasdaq: MERQ) is our top mid-cap recommendation," Moore declares, "More
and more companies are creating outward-facing technology that serves power users inside of a
corporation as well as intermittently disconnected users beyond the firewall. Mercury Interactive's
products allow companies to test business applications before actually deploying them. Mercury
Interactive's solution can test package applications, legacy applications and, most recently,
e-Business applications." [This issue includes a detailed 1,600-word interview with Mercury
Interactive CEO Amnon Landon.]
Another strong buy is TIBCO Software (Nasdaq: TIBX), Moore states, "TIBCO's technology, the TIB
or The Information Bus, is now installed throughout the world in over 400 trading floors and various
stock exchanges, including Nasdaq. In these financial institutions, there are $2 trillion in
transactions that go across the TIB on a daily basis. The TIB consolidates all the different
information flows and applications in an environment into a common interface. TIBCO's strategy now
is to enter other vertical industries. 80% of the chip capacity in the world runs over the TIB. Intel
uses the TIB to tie 16 fabs together with fewer than two seconds of downtime." [This issue includes
an extensive interview (2,700 words) with TIBCO CEO Vivek Ranadive.]
Philips Electronics selected Ariba (Nasdaq: ARBA) in March of this year and expects to save almost
$200 million annually by using the Ariba system, Moore states, "HP eventually wants to spend $7
billion per year on the Ariba system and connect with 20,000 suppliers over the Ariba network. Over
time, Ariba may build a very attractive transaction-based revenue model. Therefore, we think that
Ariba's revenue may potentially accelerate sharply in the next 18 to 24 months." |
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