off-topic but relevant. here's an update on company that has beene thru almost everything that Altris is going thru. show's it is possible as long as there's a market for your product.
Informix back in the game
By Mike Ricciuti
Staff Writer, CNET NEWS.COM
April 7, 1998, 12:25 p.m. PT
After surviving last year's constant financial and
management turmoil, Informix Software (IFMX) is
out to prove that it's back in the technology hunt
with a new version of its database and an
aggressive plan to lure customers from rival
software companies.
The company is this week shipping new versions of
its Dynamic Server database and its Advanced
Decision Support Option, two key pieces of its
software lineup. A highlight of the announcement is
new features added to Dynamic Server that make it
much easier for potential customers to switch from
competitors' database software to Informix, said
Stephen Lambright, senior manager for server
product marketing at Informix.
More important, the products are the first major
releases from the company since a series of
setbacks last year, ranging from financial turmoil,
management shakeups, and lawsuits to a Securities
and Exchange Commission investigation.
Executives portray the product releases as key to
the company's bid to prove that it can still deliver
top-notch technology and survive in a more
competitive database market.
So far, the strategy seems to be working. Analysts
believe that the company has resolved many of its
business problems and is back on track. In a report
issued last month, Melissa Eisenstat, an analyst with
CIBC Oppenheimer upgraded Informix's stock to
a "buy" recommendation and said that "the most
acute problems facing the company in 1997 have
been resolved, and the business has stabilized.".... |
