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To: Peter V who wrote (90)4/20/2000 4:45:00 PM
From: Peter V  Read Replies (1) | Respond to of 119
 
Informix shares fall, most active on Nasdaq

Thursday April 20, 4:18 pm Eastern Time

Informix shares fall, most active on Nasdaq

NEW YORK, April 20 (Reuters) - Shares in database software maker Informix Corp. (NasdaqNM:IFMX - news) fell 30 percent on Thursday, a day after news of low license revenues offset surprisingly strong earnings.

Informix fell 5 to close at 11-15/16 on Nasdaq, where it was the most actively traded stock with over 34 million shares in the Menlo Park, Calif.-based company changing hands.

``There is a sense of disappointment about the license revenue number, even though the company has some very good technology,' said Mark Murphy, a software analyst at First Albany Corp.

Informix, which competes with Oracle Corp. (NasdaqNM:ORCL - news), said total revenue rose about 10 percent to $250.9 million for the first quarter, from $227.5 million in the year-ago period. Revenues from software licensing edged up 3.3 percent to $119.3 million from $115.5 million.

The database and business software company reported that earnings per share tripled to 9 cents from 3 cents, but fell to a loss per share of 8 cents after nonrecurring charges associated with the acquisition of Ardent Software.



To: Peter V who wrote (90)4/24/2000 8:24:00 PM
From: TRIIBoy  Read Replies (2) | Respond to of 119
 
Why is everyone listening to this persona? He has been deadly wrong... ::shakes head::