INTS - Integrated Systems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTS - Integrated Systems

INTS 0.374

+2.0%

Feb 2 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John B. Dillon who wrote (289)	5/3/1999 7:24:00 PM
From: Alan A. Hicks	Read Replies (1) of 327

Chuck Boesenberg gave an excellent presentation at the H&Q conference last week. INTS share price did rise over 2 points after he presented. Boesenberg essentially gave a very clear presentation how ISI is well positioned for growth in a rapidly growing embedded market. Some highlights include the size of customer orders is rising significantly. West coast sales have begun to improve significantly with some of the new sales people that have been hired recently. ISI will focus heavily on the internet appliance market this year. Over 100 ISI partners flew to Florida at their own expense to attend ISI's recent annual sales meeting. Hewlett Packard was one of the partners that made a presentation to ISI's sales force. The long-term financial goal is 25% revenue growth and 25% operating margins. Also, pRISM is planned to be on an annual upgrade cycle - so we could see pRISM 3.0 by the end of this year. That could be very important for ISI versus WIND's Tornado, particularly with the turmoil at WIND lately. WIND's CEO Abelman has announced he will resign, WIND's growth rate has been slowing, and Tornado 2.0 has had delays along with their telecom product Tornado for Managed Switches. At H&Q Abelman did give his usual strong presentation and announced a $25 million share buyback and said Tornado 2.0 would ship this week. He said he was stepping down because he did not want to commit to another five years as CEO. What was never addressed was that WIND also postponed their Developers Conference which was set for next week (on WIND's web site). It suggests there are deeper problems at WIND than are so far apparent. WIND was able to take advantage of product delays and management turnover at ISI the last couple of years. It looks like ISI now has the same opportunity being presented to them. With a new CEO in place and ISI's products back on track we'll see how ISI is able to take advantage of this opportunity.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next