To All:
I found the following news item today on Versant. I cannot understand why Versant is included as an Internet stock. Perhaps some of the more talented techies on this thread may wish to send an e-mail to Steve Harmon on this subject.
>>Conversant
"Hello Steve, what do you think of the future for Versant Object Technologies, the company with the lowest share value in The Internet Stock Index?"
Reply: Versant's (NASDAQ:VSNT - news) technology has always been what we considered to be on the leading edge of where the Web could be with regard to object-oriented databasing. It still is. Getting its story heard above the noise of the marketplace has been tough, however, and management changes have only added more confusion to the tale. We would view Versant more from its revenue results and customers, however. Sales increased first quarter 20% to $4.6 million but losses also grew, $5.9 million vs. $1.1 million 1Q97. Customers include AT&T, Alcatel Network Systems, British Telecom, The Chicago Stock Exchange, EDS, HNC Software, Lucent, Sabre Decision Technologies, Scotiabank, Siemens, Texaco and TRW -- these are heavyweights with tremendous data flow. Short take - Versant, in our minds, may best be served as part of a larger firm where it can ride stronger sales and marketing channels.<<
isdex.yahoo.com
I will admit however that Versant does have a lost of highly visible customers.
Regards
Bob T. |
