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

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To: Mohan Marette who started this subject1/14/2001 9:38:20 AM
From: dumpthelackies  Read Replies (2) of 289
 
Tibx future looks BLEAK......

Vitek has been running this over-hyped and over-valued company into the ground. There are too many competitors now in the infrastructure space. True, Tibco/ Technekron had the marketplace sewn up for years until last year. But it is very much over and I am shorting.

The share price is starting to show this with valuations coming in line with real IT spending which is drying up for Tibco. (Tibco is losing a number of Financial IT deals to the likes of TALR, VITR and smaller privately owned niche companies).
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