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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bracey who wrote (10123)4/23/1998 12:42:00 PM
From: Dennis Nicks  Read Replies (1) | Respond to of 10836
 
Mark, I also read the following article and saw the 37 million reported sales:

In techweb.com it was said "Borland
reported first quarter sales of $46.5 million, compared with sales of $43.4 million a year
ago, a gain of 7 percent. The sales include revenue from Visigenic. On a stand-alone
basis, Borland reported sales of $37 million."

$37 million is also the sales figure given in the Borland Press release for the 1997 quarterly numbers.. I figured the author goofed and mistakenly used the 1997 numbers as the 1998 Borland only numbers. I can find no other reference to Borland's 1998 revenue (except combined with visigenic at $47m)...

That being said, I'm not very impressed with the revenues. All these new products being rolled out, new market to sell to... I'm back to my consistant criticism of Borland's management....We need better marketing and sales!! Just making the best software tools isn't enough... You have to sell them..

Dennis



To: Mark Bracey who wrote (10123)4/23/1998 1:54:00 PM
From: shane forbes  Respond to of 10836
 
Mark:

The 37 million is LAST YEAR'S BORL sales for the March Q! NOT THIS YEAR'S!!!

Yet another gaff with the media!

BORL should learn from this - never try hiding behind misleading quarterly releases - never a wise move - people are not dumb.

Then again from what I have seen on the reporting of the earnings pre- and post- release the media IS DUMBER THAN DUMB.

Shane.