Bear Stearns won't yank Baan financial backing
"In recent weeks, Baan has seen its stock tumble, due somewhat
to the overall negative performance of most technology stocks, as
concerns swayed investors to put their money in more stable and
traditional businesses. Baan also recently reported its seventh
consecutive quarterly loss, fueled by sliding new software sales
and a major slump in overall revenues."
news.cnet.com
the list of "related headlines" at the bottom is a real horrshow:
? Baan plunges on more financial worries May 3, 2000
? Board member, former top executive leaves Baan May 1, 2000
? Baan reports greater loss; shares slide April 20, 2000
? Baan closes sale of accounting software unit March 31, 2000
? Baan taps Net business boom with new subsidiary March 29, 2000
? Baan unloads accounting software unit February 8, 2000
? Ex-Baan chief takes San Francisco post January 10, 2000
? Baan chief leaving as problems mount January 4, 2000 |
