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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: syborg who wrote (9854)	3/9/1998 10:27:00 AM
From: Mark Finger	Read Replies (1) \| Respond to of 14631

>>I just hope the deal was signed based on US $ valuation. Otherwise >>the sale is worth ~20% less today if I read USA today on the plane >>correctly. (could be ~12% less) Normally, the IFMX sales are in local currency. However, when the sale is completed, the value is "hedged" by buying appropriate currency options which will then be sold when actually receiving the cash (this "locks in" a price in US $). However, the problem can be currency instability during the negotiating process or between the time the contract is finalized and it is signed. Note that this was a "deployment" announcement ("recently introduced the first Internet banking service"), rather than a just completed sale. Depending on the time to develop the application, most of the money could have been received before the Asian money disaster. One other thing to note is that this is the second announcement of an Asian bank doing Internet banking. This is important from 3 points: IFMX is getting significant Asian sales (while others have been having problems); second, this is another good Internet deployment; third, another good win for the OR technology of IFMX.

To: syborg who wrote (9854)	3/9/1998 10:35:00 AM
From: Gregg	Respond to of 14631

Syborg, your right. As far as the Internet goes, I see an explosion in growth coming for products like Informix has. I work for " The " largest software company in the country, I see what is happening and what will come. I can't say who this company is that I work for but lets just say this, I'm on the inside of a huge empire. Best of Luck.

To: syborg who wrote (9854)	3/9/1998 11:15:00 AM
From: Gregg	Read Replies (2) \| Respond to of 14631

More News.. Companies to Work Together to Optimize the Performance of the Tengah(TM) Java Application Server on Intel Architecture including the IA-64TM Product Family WebLogic, Inc., a pioneering developer of Java technologies, today announced that Intel Corporation has made an investment in WebLogic. WebLogic also announced that Intel and WebLogic will work together to optimize the performance of WebLogic's Tengah Java application server running on the Intel Architecture, including the future IA-64TM product family, the first of which is code-named the Merced(TM) processor. The Merced processor is scheduled to be in production in 1999. "We believe that technologies such as the WebLogic Java Application Server running on Intel-based servers will better enable For 7/8g supplier of Java application servers and Java-to-database integration solutions. WebLogic is the oldest independent Java-focused company, and has more than 600 licensed corporate customers including American President Lines, NuSkin, and Xerox. WebLogic's Tengah Java application server is being bundled with Novell's Open Solutions Architecture for NetWare, and approximately 50 percent of all Java ISVs build their applications using WebLogic software. WebLogic works with industry leaders including Intel, Novell (Nasdaq: NOVL.O), Sun (Nasdaq: SUNW.O), Microsoft (Nasdaq: MSFT.O), Hewlett-Packard (Nyse: HWP), Oracle (Nasdaq: ORCL.O), Informix (Nasdaq: IFMX.O), and Cambridge Technology Partners (Nasdaq: CATP.O). The Company is privately held and is headquartered in San Francisco, California. Information about WebLogic's products, services and strategic technology partners, can be found at the WebLogic website at weblogic.com, or by contacting the company at +1-415-659-2600.