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Technology Stocks : TIBCO Software Inc - ( Nasdaq - TIBX )

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To: Frank who wrote (148)12/19/1999 6:54:00 PM
From: tradewright  Read Replies (1) of 289
 
I would welcome confirmation that Reuters is slowing selling off TIBX shares, but I've seen no such news. Where did you get this info? I think a larger float would help to increase institutional interest. In the meantime, their quarterly earnings report couldn't have been better last week (+.01 vs expectations of -.03, with speculation that some earnings were held off for reporting next quarter), and in the conference call, the CEO sounded very optimistic and impressive. BTW, he (CEO Vivek Ranadive) is scheduled to appear on CNBC's Squawkbox tomorrow morning.

Some are speculating he may announce a split in the near future, and he hinted in the conference call about a major announcement re Cisco in the near term (Cisco, Yahoo, and Intel are shareholders), but even without such news the company's future prospects are outstanding.
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