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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Mac who wrote (19082)	11/16/1999 5:18:00 PM
From: Stock Watcher	Respond to of 52051

Mac; UNFY, a diamond on the fav's index; one of the best linux plays....they haven't even really started.....thanx for earnings alert, here's the PR: Unify Corporation Reports Record Second Quarter Results Increased Momentum With E-Commerce Solutions SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 16, 1999--Unify Corporation (Nasdaq:UNFY - news), a leading provider of e-commerce software, today announced results for the fiscal 2000 second quarter ended October 31, 1999. Total revenues for the second quarter of fiscal 2000 were $9.2 million as compared to $7.2 million from the prior year, representing an increase of 28%. Revenue from internet product license fees was $4.2 million, reflecting a 55% increase from the second quarter last year. Total revenues from license fees were $6.4 million versus $4.7 million in the same period last year, an increase of 36%. License revenues represent 70% of total revenues in the current period, as compared to 66% for the second quarter of fiscal 1999. The second quarter fiscal 2000 net income was $2.1 million or $0.24 per basic share, as compared to net income of $856 thousand or $0.10 per basic share for the second quarter of last year. Net income was $0.22 per diluted share in the current quarter versus $0.10 per diluted share in the same quarter last year, representing a 120% increase year over year. Revenue for the six months ended October 31, 1999 totaled $17.9 million, as compared to $13.9 million in the first six months ended October 31, 1998. Net income was $3.9 million, or $0.43 per basic share for the six months ended October 31, 1999, as compared to net income of $1.1 million, or $0.13 per basic share for the same period last year. Net income on a diluted share basis was $0.40 for the six months ended October 31, 1999 versus $0.13 for the same period a year earlier. ``We are encouraged with the early response to our Unify eWave product family as it represents the first open, end-to-end e-commerce solution,' stated Reza Mikailli, president and chief executive officer. ``While our Vertical Application Partner channel remains strong, with our e-commerce solution offerings, we are experiencing increased interest from e-commerce solution providers and system integrators. We believe that these partners will further strengthen our existing channels and present Unify with larger revenue opportunities.' Sales for the second quarter include the following organizations: Air Touch Cellular, Bell Atlantic, Hewlett Packard, Motorola, General Instruments, Credit Lyonnais Bank, NEC, Hitachi, DigiTrade, DLA Systems, Triple G Corporation and Vision Data Equipment.