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Technology Stocks : Versant Technology (VSNT)

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To: nanocap who wrote (455)11/30/1999 2:32:00 PM
From: wsleckie  Read Replies (2) of 477
 
I just had an interesting telephone conversation with the CFO of ODI. She tells me that her company seldom runs into VSNT in competitive situations and she hadn't "heard that name for a long time". She says that for years people were forecasting the Object Oriented Database market as a $1B dollar market but that now it is understood to be a $100M dollar market. Since her company did $62M in sales in '98 she says they own most of the market and they see it as a small but cash flow positive business (for them). While she says the technology is not one that is going away the size of the market and the growth of the market are small in her opinion.

Any thoughts??
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