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Technology Stocks : Allaire - ALLR
ALLR 1.215-11.0%Nov 4 3:59 PM EST

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To: sunfish who wrote (18)12/13/1999 12:18:00 PM
From: Irish99  Read Replies (2) of 64
 
This company is making all the right moves. Revenues are growing very fast. Last year was $20M and this year is $36M in 3 quarters and probably over $50M for the year. It is approaching profitability as the losses have been cut significantly each quarter and are down to $200k or so in Q3. They have great products and huge market share amongst Web developers. They have made some good acquistions such as the JRun acquisition to give them some Java and JSP technology. The new Spectra product looks like it will compete against BVSN, OMKT, and VIGN.

I am holding on to this one. The gains should continue in 2000.
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