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Gold/Mining/Energy : Jetform-FORM -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (424)8/9/1999 8:40:00 AM
From: CareyM  Respond to of 530
 
News....

biz.yahoo.com

Monday August 9, 7:59 am Eastern Time

Company Press Release

SOURCE: JetForm Corporation

JetForm(R) Launches Japanese Version of JetForm
Pocket Form(TM) for Microsoft(R) Windows(R) CE

E-Processes Go "Global Mobile" With Workflow Participation From Windows CE Devices

Announcement Summary -- JetForm(R) unveiled a special version of JetForm Pocket Form(R) 4.0
-- its acclaimed Windows CE electronic forms client software -- tailored specifically for Japanese
market.

-- Integrated with JetForm's InTempo(R) workflow and JetForm Central(TM), the company's document print and output solution, JetForm Pocket Form applications can participate in enterprise-class e-process applications.



To: Jim Oravetz who wrote (424)8/27/1999 7:23:00 AM
From: Jim Oravetz  Read Replies (1) | Respond to of 530
 
A few weeks ago I got a PM asking about my FORM holdings. FWIW, I am posting my enhanced response.

Q.
Are you out of Jetform? Will this company ever come back? I did not cut my losses and unfortunately I am stuck with a dead stock.

A:
I am holding some shares in an IRA account and although down almost 60%(and going lower), am still willing to hold onto this one. Why? I bought into Jetform because I perceived their product(s) to be a very good way for companies to improve their cost of doing business AND for the quality of partners that they aligned themselves with (HP, Microsoft, SAP, Xerox).

As such, I still think that down the road, they will recover enough for a profit to be made. It certainly has been dead money and will continue to be so for at least the next 3Qtrs, if not longer. Their "workflow" products are in transition to web-based designs right now and I'm sure Mr. Kelly would have preferred to kept the whole organization intact, rather than reduce it. Let's see where it goes.

From the latest PR about the earnings:
''These results are consistent with our expectations. As discussed in previous quarters, JetForm continues to endure a difficult environment for enterprise software contracts,'' said John Kelly, president and chief executive officer. ''The significant short-term slowdown in purchases of large scale enterprise solutions due to the ongoing effects of the Y2K lockdown continues to impact our results. We expect the operating environment to be difficult for at least the next two quarters. However, based on the long-term opportunities we are pursuing via our e-process strategy and the strong senior management team now firmly in place, we believe that JetForm is better positioned than ever before to take advantage of the post-Y2K environment.''

Jim