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Technology Stocks : BORL: Time to BUY!

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To: shane forbes who wrote (10486)5/8/1998 10:14:00 AM
From: Kashish King  Read Replies (1) of 10836
 
...He points out that for the first time, the company will be selling enterprise integration software packages that have a much higher price point (as much as $100,000 per sale), and that generate much higher margins than Borland's previous products...But he expects a considerable increase by the third quarter.

Ah, perhaps that's because they won't even release the product until the fall and they've already indicated a much longer sales cycle, duh!

The key to a turnaround is increasing revenue...

Well, brilliance is often manifest when you least expect it; case in point.

...The company took in $189 million in sales in 1997 and hopes to improve significantly this year. Yocam expects the company to reach $500 million within three years.

Huh? So we just added another year to the 500 million target or two years if you consider that was the claim a year ago. Expectation are one thing, execution is another.
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