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Technology Stocks : Progress Software -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Mercer-Hursh who wrote (208)5/18/1998 9:50:00 AM
From: mwj6  Read Replies (1) | Respond to of 296
 


> Certainly not Appivity and Crescent. They might be OK on their
>own, but it is hardly worth swallowing all of Progress to get them.
>That would be like eating an orange when you were only interested in >the seeds.

Although I imagine these seeds may be the ones that will grow the fastest. Amusing analogy!

> Certainly not the VAR channel. While it is 60+% of Progress'
>revenue streams and there are a lot of good applications out there,
>especially if many of them would ever make it to real GUI
>client/server, Oracle has never shown any inclination to want to
>manage and develop an application VAR channel. Think they would start
>now?

Isn't the Oracle Application Dealer Network a VAR channel?

> So, exactly why is it you think this is such a great >acquisition?

makes my stock go up ? ;-)

keeps this thread alive...the fact that PRGS has doubled off its low and has little to no discussion makes me wonder if this is a fairly valued company. What do you think about that?

/matt