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Technology Stocks : Remedy Taking a hit why?
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To: wrm1 who wrote (523)4/20/1998 5:21:00 PM
From: Shege Dambanza   of 763
 
I'm not too impressed. 8c sounds a whole lot better than 6c, but you'll notice that most of the top line increase came from maintenance/service, not from product. Sales and marketing costs went up a lot as well. Their R&D costs are high as a %, but you expect that in a low revenue quarter when you're trying to build new product.

As others (especially Farber) have said on this thread Remedy is competing in a very crowded marketplace and this release does not do anything for my confidence in the company.
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