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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: bob zagorin who wrote (326)2/24/1999 10:39:00 PM
From: treetopflier  Read Replies (1) of 583
 
Don't be sorry for me Bob. Be sorry for the guys at Upside who write that stuff.

The day IBM sells more new AS400s than RS6000s or Sun's boxes or HP's boxes will be the day I start to believe any of the JDEC hype.

This is the same story they were pumping out there when it ran to near $50. And look how nice their quarter was. The world isn't all marketing. It takes good products, good management and profit margin.

JDEC is 0 for 3. Their R&D costs to try and fix their OneWorld crap, coupled with their big, new, unproductive sales force will insure they miss another quarter or two or three ;) Hmmm, so the mid market ain't all it was cracked up to be. What a shock.

Must feel great as a JDEC employee having all the ESOP money right back where it was at the beginning. Gee, probably feels a lot like it used to working at SYBS -- another hype gorilla with a pile of crap for a product line, shrinking margins, soaring R&D and sales costs, kept alive only by its consulting revenues...

Go get 'em JDEC! Rah, rah, rah, blah, blah, blah... Under $10 in three months with the next miss as they can't fire all the new salespeople fast enough to cut their costs. Hey, maybe losing those developers won't be such a bad thing after all. They are kind of expensive.

ttf
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