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Strategies & Market Trends : e-Commerce the Next 100 Months......

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To: TLindt who wrote (424)4/6/1998 1:46:00 PM
From: OSHANL  Read Replies (1) of 2882
 
We don't often see some line like this.

"Frankly, we executed poorly during the first quarter," commented Jeffrey M. Crowe, Edify's president and CEO.

I like the CEO being blunt about this without using fancy terms. This problem described below from business wire is correctable IMO.

"The slower than expected revenue growth resulted from delays in anticipated orders, especially from larger financial services and call center customers. In addition, revenue from Edify's domestic and international channel partners fell below the company's expectations, due to various factors relating to transitions to the company's Windows NT-based software delivered in the fourth quarter of 1997."
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