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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: GoodQ who wrote (8443)1/6/1998 5:48:00 PM
From: Steve Rubakh  Respond to of 31646
 
Off the topic: this release mentions SYBS and ORCL who are having
the same problems.

FORTE SOFTWARE REPORTS PRELIMINARY THIRD QUARTER
FISCAL 1998 FINANCIAL RESULTS BUSINESS/TECHNOLOGY
EDITORS OAKLAND, CALIF.--(BUSINESS WIRE)--JAN. 5,
1998--FORTE SOFTWARE, INC. (NASDAQ:FRTE) TODAY

OAKLAND, Calif.--(BUSINESS WIRE)--Jan. 5, 1998--Forte Software,
Inc. (NASDAQ:FRTE.O) today reported preliminary results for its third
fiscal quarter ended Dec. 31, 1997 below current analysts'
expectations.
Revenues are expected to be in the range of $17 million to $18
million, and the Company expects to incur a loss of $.25 to $.32 per
share. These results are preliminary estimates and are subject to
adjustment pending the release of final results for the third
quarter.
The Company attributed its revenue shortfall primarily to delays
in completing end user sales in North America, as corporate IT
(Information Technology) departments increasingly focused on Year
2000 and other issues, as well as to a decline in Asian revenues.