Conf. Call just finished:
-Look for update to 1/98 qtr finan (some minor errors)
-ASQ and Y2K business up
-Data Connect Down mainly due to Asia/Pacific and Database seats (SYBS,ORCL,IFMX) slowdown/problems otherwise stable
-DSO higher mainly because MCI was slow in paying (DSO is 101 NOT 106)
-Sales
NA +30%, Europe +19% (+25% w/o currency conv., Y2k getting stonger), Asia/Pac -65% (see above, although Australia is doing well
ASQ +25%, PVCS ++?, Data Direct -18% (+% w/o Japan problem)
- Y2K backlog of 80-90mil lines now (in progress) ...Y2K outlook still good... comfortable with capacity/availabliity of good people to do work (have excellent infrastructure, attracted/retain top employees, ISLI tools help leverage peoples ability to produce more results quicker)....Y2K business has incr 7X yr-to-yr....acceleration seen over next 12 mo.
-Software testing (Segue) increasing
-Other non-Y2k business doing well
-COMFORTABLE with high-end street proj/estimates (,75/sh)
Summary
Lots of Qs, Great Answers, Looks EXCELLENT from here |
