To: esecurities(tm) who wrote (1569 ) 5/5/1998 3:47:00 PM From: esecurities(tm) Read Replies (1) | Respond to of 4231
"WYSIWYG HTML Editors Lead Soaring Market"-tell that to the Rabins'"...Fiscal 1997 was a year of significant, sometimes difficult transitions...Despite, these setbacks, "transition" also signified achievement...Before the year began, the Company had committed strongly to the HTML category. Early in 1997, we chose instead to diversify ..." --MESSAGE to the SHAREHOLDERS, Richard Rabins, CEO; Selwyn Rabins, President (NASDAQ:SWEBF); 1997 Annual Report dtd 15 April 1998 WYSIWYG HTML Editors Lead Soaring Market dtd 4 May 1998 By Bill Roberts "...Just as desktop publishing tools provided a conduit to the mass market for publishing 10 years ago, Web editors are today letting millions of small businesses, home-based entrepreneurs, and amateurs establish a presence on the Internet. According to a survey by Frost & Sullivan, the commercial Web editor software market grew more than 200 percent last year. More than 2.5 million copies of commercial Web editor software were sold in 1997, a 233 percent increase over 1996. Revenues were $194.2 million in 1997, a 219 percent increase over 1996, the market research firm reported. Frost & Sullivan projected a compounded annual growth rate of 25 percent through 2004 for the commercial Web editor market. "Such phenomenal growth indicates the market is still in its early stages," concluded Jim McCormick, the Frost & Sullivan analyst who conducted the study, in his report. "The expanding number of businesses on the Web and the increasing interest from the mass market in authoring Web pages is driving the swift growth in Web editor software," he noted...WYSIWYG editors, in fact, accounted for more than 90 percent of this market's revenues in 1997...Among all products, Microsoft FrontPage, a WYSIWYG editor, was the dominant product, with 39 percent of the market. Next was Adobe PageMill at 5.9 percent...Overall, McCormick said he was impressed with the features he saw in the 1997 editors, and he expects the functionality and ease of use to continue to improve in 1998. "We knew that Microsoft was the leader with FrontPage, but I was assuming they would rest on their laurels," McCormick said. Instead, "they continue to aggressively pursue research, do surveys of users, and add new features," he said. In McCormick's opinion, Microsoft's dominant position in the WYSIWYG market does not bode well for Netscape in the browser war. "If you control the way people are making sites, then you may ultimately control which browsers they have to use," he observed..." source: © 1998 feature May 4, 1998 'Web Developmen't article internet WORLD iw.com ...as we have previously suggested...a Netscape/HoTMetaL alliance is intuitively obvious...instead we appear to be confronted with a very naive [strategically and fiscally] management team which is robbing the shareholder's coffers to purchase shares for themselves, when, in fact, said funds should be solely dedicated to acquiring competitive advantages [in whatever form that takes] for NASDAQ:SWEBF solely for the pursuit of maximizing shareholder value...