Steve and all,
This is from wsj:
Borland CEO Yocam Is Optimistic
About Company's Future Prospects
Dow Jones Newswires
NEW YORK -- Borland International Inc. chief executive Delbert
Yocam Tuesday declared "Borland is back."
"We now have returned to stability, profitability and revenue
growth," he said in an appearance on CNBC from the Tech '97
conference at the Jacob K. Javits Center here.
Yocam, a turnaround expert who was named chief executive of the
software company a year ago, noted that client/server and
enterprise projects accounted for 47% of 1997 revenue, up sharply
from only 8% two years ago.
In October, Borland surprised analysts by posting a slight profit, a
big step in turning itself around.
Once the provider of general-purpose application programs,
Borland was forced by declining sales to focus on selling
software-programming products aimed at industry professionals.
Borland had been struggling to find a success formula for several
years, after retreating from a broad effort to compete with
Microsoft Corp. and others with mainstream programs such as
spreadsheets.
When asked, Yocam said he wasn't interested in returning to
Apple Computer Inc. (AAPL), which he left in 1989 after 10 years.
"The '80s were very exciting for me at Apple, and it was certainly
an era of hardware," he said. "The '90s for me is Borland (BORL)
and software. I'm interested in what I'm doing at Borland."
regards,
BPP |
