Mapics, Inc. (MAPX) Message Board

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Technology Stocks : Mapics, Inc. (MAPX)

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To: cjgaddy who wrote (31)	9/2/1997 5:24:00 PM
From: Hoatzin	of 141

Jack, re: >>"Correct me please, but wouldn't the FUTURE be with MARCAM SOLUTIONS, with their brand new Windows/NT "PROTEAN" product, rather than with MAPICS and their older IBM AS/400 "MAPICS" product? It seems to me there will be a slow decline for Mapics and a gradual move up for Protean as Windows/NT takes over the world, but maybe I'm missing something." The perception that the AS/400 is an elderly technology on its way out is not entirely correct, IMHO, and is one of the reasons I think that MAPX is undervalued here. There is an write-up on the AS/400 on the MAPICS web page (they might be biased, of course, but it still useful): mapics.com I just think MAPX as a stand alone, with their large customer base, is worth more than the current stock price. Kevin

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