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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!

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To: hasbeen101 who wrote (2120)7/17/1998 6:30:00 AM
From: GUSTAVE JAEGER  Read Replies (1) of 3194
 
Damien,

I remember you were concerned with ODIS's endeavours in marketing its product line rather than just selling licences... Looking at the Q2 report I guess you must be pretty comfortable with the company's policy on that matter: marketing and sales expenditures have raised 50% from 1st half 1997 to 1st half'98:

Three Months Ended June 30,................Six Months Ended June 30,
.............1998........1997.....................1998..........1997

Revenues:
Software....$11,570....$8,280...................$ 20,819.......$14,905
Services......3,948.....2,651......................7,641.........5,391
Related party
software
and services.....84.......244........................168.........2,034
Total revenues..15,602...11,175...................28,628........22,330
Cost of revenues:
Cost of software...429.....415.......................792...........803
Cost of services..2,585...1,949....................5,132.........3,822
Cost of related
party software
and services.......57........72......................116...........235
Total cost
of revenues.....3,071.....2,436....................6,040.........4,860

Gross profit....12,531.....8,739..................22,588........17,470
Operating expenses:
Selling and
marketing.......8,101......5,672..................15,073....10,528
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