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Technology Stocks : Iona (IONA)

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To: TimeToMakeTheInvs who wrote (342)9/30/1998 11:40:00 AM
From: Robert Ling  Read Replies (2) of 491
 
Thanks for sharing this with us. Does anybody here get the vague
feeling that IONAY may be missing the boat on this general trend
in the middleware industry towards higher margin application type
products e.g. the new buzzword of the month being application
servers. I don't mean just application servers but in general selling
a more problem oriented application (higher margin) rather than the
business of selling the software foundation e.g. CORBA (lower
margin).

I am of the opinion that in the short term this foundation
focus will not matter so much, as IONA provides the additional CORBA
services that are not easily obtainable in any single freeware
implementation of CORBA. In addition, IONA provides enhanced services
such as OTM that is not available at all in freeware implementations
that I know of.

However, for the long term health of the company it seems IONA will
have to get into providing more value added application type
software. Does anybody have an understanding of the longer term
strategy of the company?

later,
Robert
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