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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (10046)	7/26/1999 11:47:00 AM
From: BANCHEE	Read Replies (4) \| Respond to of 57584

Rande Buying opp.....on bounce SWRX.........going to report loss of 0.02 Good co getting hair cut Closed Fri 9 3/8 lots of buying now,,low 4 7/8 today....... 5 1/2 just bought in for a short term hold. IMO good deal but do your own DD.. Banchee Monday July 26, 8:24 am Eastern Time Company Press Release SOURCE: SOFTWORKS, Inc. SOFTWORKS, Inc. Announces Preliminary Results For Second Quarter Ended June 30, 1999 ALEXANDRIA, Va., July 26 /PRNewswire/ -- SOFTWORKS, Inc. (Nasdaq: SWRX - news) today reported that it expects that its revenues for the quarter ended June 30, 1999 to be approximately $11.5 mil to $12.0 mil, resulting in a loss of $.02 to $.03 per share from operations. This represents a year over year revenue increase of approximately 28%. The Company attributes these results primarily to delays in closing several transactions, which were expected to close in the second quarter. Actual results will be announced the week of July 26, 1999. SOFTWORKS' President and CEO Judy Carter stated ''While we are disappointed with our results for the second quarter, the revenue shortfall was not due to competitive reasons. Certain sales that did not close in the second quarter have closed or are expected to close during the third quarter. Our fundamentals remain very strong as evidenced by strong growth in our license revenue and deferred revenues.'' SOFTWORKS is a leading global provider of IT solutions for the enterprise. Founded in 1977, SOFTWORKS responds to data and storage management needs of organizations worldwide, supporting customers in more than 50 countries with solutions for multiplatform data and storage management, performance management, Year 2000, and professional services. SOFTWORKS solutions optimize data and storage resources, and increase systems availability and performance across the enterprise. For more information about SOFTWORKS, visit the company's Web site at www.softworks.com. Some of the statements in this news release are forward looking statements and relate to anticipated future operating results. Forward looking statements are based on SOFTWORKS' management's current expectations and assumptions, which may be affected by a number of factors, including, without limitation, competitive product introductions, price competition, any failure or delay in the company's ability to develop and introduce new products, seasonal factors affecting the company's sales, the company's ability to attract and retain qualified technical, sales managerial, and other key personnel, the company's ability to manage expenses effectively and other factors. Therefore, there can be no assurance that actual future results will not differ materially from anticipated results. Readers should refer to SOFTWORKS disclosure statements filed with the Securities and Exchange Commission, including without limitation, the Company's Registration Statement and Form 10-Q, for specific details on some of the factors that may affect operating results.

To: Rande Is who wrote (10046)	7/26/1999 12:06:00 PM
From: BANCHEE	Respond to of 57584

Rande some more info...SWRX..SoftWorks,,, biz.yahoo.com Last Q biz.yahoo.com Here is what I like,,,,,growth is there,, Contracts next Q.. ALEXANDRIA, Va., July 26 /PRNewswire/ -- SOFTWORKS, Inc. (Nasdaq: SWRX - news) today reported that it expects that its revenues for the quarter ended June 30, 1999 to be approximately $11.5 mil to $12.0 mil, resulting in a loss of $.02 to $.03 per share from operations. This represents a year over year revenue increase of approximately 28%. The Company attributes these results primarily to delays in closing several transactions, which were expected to close in the second quarter. Actual results will be announced the week of July 26, 1999.