this came out today: (9/30/96)
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Rainer Poertner, chief executive officer, commented, "The past year was marked by both great accomplishment and serious setback for Syncronys. Earlier this year, Syncronys assessed and built upon its strengths and addressed its deficiencies. Today, I believe the company is in an excellent position with a strong balance sheet, a full pipeline of new products slated for introduction over the next 12 weeks alone, and an expanded, experienced management team in place.
"Having built a solid infrastructure over the past six months, our
strategy for the next year is to rebuild our revenues and earnings power through an exciting array of new software products. Syncronys is now refocused on product development and marketing to accelerate the successful introduction of powerful software products in the productivity category that address vast consumer markets," Poertner explained.
(This is what I thought was happening:)
>>>>>>>>"To do so, we are actively seeking to acquire or license innovative software technology <<<<<<<<<<<<< in an advanced development phase, and we have dedicated increased resources to quality control and to our in-house development of creative new applications for our proprietary technology.
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My thoughts are: they are buying someone. Three new products in three
month - that's too fast unless you buy it ready made.
Hold on to it! you'll be happy you did.
A. Sarig |
