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Technology Stocks : Sterling Commerce (SE) -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (63)	10/20/1998 3:46:00 PM
From: Marty	Read Replies (1) \| Respond to of 341

Thanks for the links, Dave, I see that these block trades are always on up-ticks so we are certainly seeing a lot of buying. I re-read the following information on SE at the end of the article: "Sterling Commerce is a leading global provider of banking systems and business-to-business electronic commerce software and value-added services. The company is ranked eighth on the Forbes Magazine list of the Best- Performing Small Companies in America. Software Magazine's 1998 annual Software 500 feature awarded Sterling Commerce an Editor's Choice award and named it the number one E-commerce company in its class. Sterling Commerce has been providing banking systems and electronic commerce solutions for 20 years, and has 36 office locations and more than 40 distributors worldwide. Sterling Commerce had 1997 revenues of over $350 million, and has more than 42,000 customers worldwide supported by its 2,300 employees" Now, 20 years is a long time to be in the E-Commerce business. I remember when they were one of the few people you could go to if you wanted to communicate business data electronically among trading partners. Anyway, the banking industry is being driven, to a large degree, by cost savings that can be gained from electronic commerce. I happen to think that other industries will sooner or later find themselves in the same circumstance. Either embrace this way of doing business or your costs will be 10 times those of your competitors. Hope SE expands more and uses their expertise to the other industries as well as the banking sector.