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Technology Stocks : IQ Software (IQSW)

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To: Dyesir who wrote (3)1/7/1997 10:29:00 PM
From: Doug Hegney   of 123
 
Dyesir

I found this company a few months back. I think you are correct about their prospects.

Any knowldge on the recent weakness, looks like a buying opp? I have not seen any releases or SEC filings.

The paragraph below taken from their last Q earnings statement says a mouthfull.

"Our overall results continue to benefit from accelerating revenues," said Rick Chitty, president and
CEO. "It's now very clear that our new technology- leading products are gaining rapid acceptance
and market share." Sales of IQ/Objects and IQ/Vision, which gained 25% on a sequential quarterly
basis, were up 350% over the year earlier period. "We continue to benefit from a commanding lead
in the area of three-tier reporting, which has also enabled us to take the lead in Web-enabled
database reporting with IQ/LiveWeb," Chitty stated.

I was not aware of Chitty leaving? What is his current status?

Thanks Doug Hegney
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