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Technology Stocks : Active Software Inc (ASWX) -- Ignore unavailable to you. Want to Upgrade?

To: Risky Business who wrote (34)	8/23/1999 4:09:00 PM
From: PashaBear	Read Replies (1) \| Respond to of 105

Yeah, I agree! Good luck to those long on this company... PB

To: Risky Business who wrote (34)	8/24/1999 3:18:00 AM
From: $Mogul	Read Replies (1) \| Respond to of 105

Now with only 23.25 outstanding ASWX only has a Mkt. Cap of 372M vs the 500M FORTE was bought out for. ASWX has a long list of incredible clients. If you want to see them check out the thread. I posted them earlier. ASWX is a tremendous value by the numbers in this space, and compared to others looks to be a standout player in a "booming" Internet software application integration space. 10:08 ET **** Forte Software (FRTE) 20 13/16 +3 13/16 : Sun Microsystems acquires Forte. Forte's transition into an application integration company looks so promising that Sun agreed to acquire the entire company for $540 million in stock**, or $22.75 a share. Each share of FRTE will be converted tax free into 0.3 shares of SUNW. Forte stock has been rising rapidly over the past two days, as rumors of the merger circulated. Forte, which started life as a tools company for distributed application development, only recently developed a new product line based on application integration products. The application integration area is booming, and has many players, including New Era of Networks (NEON), Active Software (ASWX), Crossworlds, and others. But Forte's product uses Java as the front-end development environment. This acquisition is all about the battle for the enterprise computing environment. The largest enterprise computing systems are usually a jumble of multiple systems, linked together haphazardly at best. Many systems represent a virtual history of computing technology, with mainframes still at the center of a corporate system, with minicomputers running various departments, and networked PCs on everyone's desks. While the move to seamlessly integrate all of these pieces has been going on for years, the internet has really driven the need for integration. Since one of Sun's primary strategic objectives is to get Java accepted in the enterprise environment, an application integration Java based tool helps tremendously. It is a very positive acquisition for Sun, and may even add to earnings soon, although Forte will be run as a standalone subsidiary. For long time Forte shareholders it has been quite a difficult ride. Forte's all time high was $81 3/4 a share, reached just 50 days after its IPO in 1996. But for new Forte shareholders, acquiring the stock for as little as $2 3/4 a share just ten months ago, today's news is a bonanza. -RVG