Huh? Your post makes little sense at all. First you say, "not a good buy", then you talk about how you bought some just a few weeks ago, and how it will likely go to 25 - 26 in short term. For starters, that's a 25% return in the short term.
I also completely disagree with your statement to the effect that Universal Server has shown no substance to potential customers. to the contrary, there are many customers already planning to release vertical and internal applications using US. Such applications have been listed in a number of press releases.
Another key point: major corporations don't just wake up one morning and say, "Good, there's some new technology out there, I think I will build something with it." Major applications takes many months or even years of internal planning. There are many implications to building and deploying complex applications, far beyond the technological impact, and deciding which software to use. In fact, choosing a software package/tool/environment is usually a relatively small component of the project.
What is important is that IFMX is now offering a vision, and a direction that ORCL and SYBS really are not. ORCL is talking about one, but everyone knows it is a way away. SYBS - well, nothing at all there that I've heard of that remotely relates to US. US provides 2 things - a solution for those who need it now, and a path for those who are looking ahead. Both mean that prospects trying to decide which way to go now have a huge differentiator to go the IFMX route.
There is a complex sales cycle involved with selling this type of software to customers. I was a very successful salesperson for IFMX for a number of years in the mid-'80's. If I were back in there today, I would be beyond thrilled to have US to sell. Properly positioned, I could blow the competitors out of the water.
One other aspect of US: it also expands the market. I could sell projects that previously were not accessible to the traditional RDBMS platform. Now, I can go after even more projects.
Conclusion: IFMX is my second largest position. |
