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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (3608)11/18/1998 4:10:00 PM
From: ratlong  Respond to of 4509
 
Pandesic was not a consortium, based on my definition of consortium.

Pandesic is a separate company that was funded from INTC and SAP VC funds. Management was clearly delineated, there was a CEO and he had total operating control. The problem with Pandesic was they took large company mentalities from the HW/Chip and enterprise software worlds and tried to apply it to a e-commerce, web environment. Marketing stunk, segmentation stunk, their networks didn't apply, the "language" of SAP and INTC don't apply to Pandesic's world.

Anyway, it was most definitely not a consortium- they had profit/IPO/exit strategies like everyone else. My thought was that their exit strategy, if they had been successful, would have been an acquisition by SAP.



To: Lizzie Tudor who wrote (3608)11/19/1998 2:14:00 PM
From: Lutz Moeller  Respond to of 4509
 
re consortium

Question: Do you know what a camel is?
Answer: A by a consortium designed hores!

not so serious, Lutz