Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?

To: Bob Trocchi who wrote (2391)	10/13/1998 11:54:00 AM
From: Bob Trocchi	Read Replies (2) \| Respond to of 3194

To All: Somehow I think this is related to Alcatel's decision to go with Objectstore (my prior post). Sending a lot of data over hi-speed lines using objects appears to be a strategic direction. Downstream this has to be good for ODIS. << Alcatel snags gigabit player >> news.com Comments Bob T.

To: Bob Trocchi who wrote (2391)	10/13/1998 12:32:00 PM
From: hasbeen101	Respond to of 3194

Yes, another good win. Alcatel operates in Sydney and they are always advertising for C++ developers. I thought they would be a good fit for Object Design. The release says nothing about the number of licenses or dollars: my suspicion is that liek a lot of these telco projects, this one might develop into a "river of gold" where the money keeps pouring in as the application deploys in more and more places. With the major Australian telco (Telstra), British Telecom, and now Alcatel, ObjectStore is becoming very established in the telco market. This could mean lots of dollars over the next couple of decades.

To: Bob Trocchi who wrote (2391)	10/13/1998 12:38:00 PM
From: hasbeen101	Respond to of 3194

Bob, an update on an answer I gave you last week. I said that I didn't think finance companies would slow their purchasing due to the current market weakness. Wrong! I just heard today that one of the "big names" in worldwide stockbroking and investment banking have frozen all non-essential IT spending until the end of this year. So they're probably not the only ones. However, the selling cycle is still a long one, so to the extent that expenditure is slowed now, it's just a matter of when rather than if a company adopts ObjectStore. The companies who will adopt ObjectStore will do so eventually. I think it will be a good achievement by ODIS management if they can post 40% yoy revenue growth in the next few quarters.