To: Bob Trocchi who wrote (2566 ) 11/24/1998 3:48:00 AM From: GUSTAVE JAEGER Respond to of 3194
Bob...Maybe it would be better if ODIS's going up on its own merit... C'mon! Bob, the stockmarket is not about meritocracy!! If you're looking for securities moving up and down ''on their own merit'', you'd better search for some T-bonds or other fixed-income products. On the Nasdaq, misvaluation is the name of the game: a stock is either outrageously overvalued (even MSFT Prez Ballmer admitted that his company was overvalued) or blatantly undervalued. And ODIS falls in the latter slot. At $6.5 ODIS's still undervalued by 30% --especially since the eXcelon announcement. Besides, here's an interesting development:Sybase pushes back for market share By Randy Weston Staff Writer, CNET News.com November 23, 1998, 7:55 a.m. PT Sybase is on the road again. The database vendor is pushing its mobile computing business with a number of announcements this week including an alliance with Samsung SDS and a new developers network program. Sybase is focusing on three key markets in an attempt to recover from its sagging database sales over the past year. Increasing competition from Oracle and Microsoft and a saturated market have driven the database sales down for all vendors, but Sybase has faired fairly poorly in the battle for market share. To correct the problem, the Emeryville, California-based vendor is targeting the data warehouse business, Internet computing, and the mobile computing market. The deal with Samsung is specifically to target the Korean market. Under the terms of the deal, the companies will jointly market develop and sell mobile products in the Korean market based on Sybase's SQL Anywhere Studio and its UltraLite mobile databases. "Samsung SDS has experienced strong customer demand for mobile and embedded computing [systems]," said Hong-Ki Kim, Samsung SDS's managing director. To further its reach in the domestic remote and mobile market, Sybase is launching a new developer network to encourage software developers to build products using Sybase's embedded mobile database. "The mobile and embedded developers network provides developers with timely and convenient access to beta and release products, technical information, events, and support to ensure the rapid delivery of [software products] based on Sybase SQL Anywhere Studio and its UltraLite deployment technology," Sybase executives said in a statement. Sybase is expected to expand the program to include early access to products and beta versions, bug fixes, online training, and self-service support. ----------------------------- As I told you in a previous post, Samsung Electronics will be the first consumer electronics heavy to market an MPEG 3-recordable device in the US (similar to Diamond Multimedia's Rio). So, let's hope for ODIS to counter-attack swiftly on the embedded dbms's battleground... Maybe an embedded version of eXcelon would be a nice move? I mean a VoXML embedded eXcelon that would perfectly fit the smart phone market. BTW, ''dead money'' was up 33% last week... Cheers, Gustave.