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To: bob zagorin who wrote (117)	2/6/1999 11:02:00 AM
From: WTSherman	Read Replies (1) \| Respond to of 349

Bob, I think that this quarter's results set up everything for them to be acquired. As you know, there was heavy insider buying during this past quarter(at the same time they were watching sales go down the tube). Now that they have completed the quarter I think that they can use it as good cover for a rather quick sale of the company, even though the insider purchases were pretty recent. You know, "well, I bought in thinking we could quickly turn things around...but, they got worse and we decided the only course to pursue was a quick sale, in order to preserve shareholder value". Hard to prove otherwise and it gives them cover for the $ they'll make on the purchases made this past quarter.

To: bob zagorin who wrote (117)	2/6/1999 2:43:00 PM
From: ynot	Read Replies (1) \| Respond to of 349

Market for services and implementation is in a funk right now, except for Oracle, I suspect that this is from database and development tools rather than ERP software/service. Technology solid, management conservative, in deep water with respect to politics of stock market influence on company value, but their technology/product the best. Don't like how they recognize revenues though. I think of Oracle a number of years ago and Baan recently. They went the other way, but I can't understand the need to be 'conservative' if it has a negative impact on market impression, forget even stock values. This of course is an uneducated outside opinion. Some of the other major players have had BIG problems with customers delaying implementations, cancelling, switching, etc... But still, a pity if you would have to consider putting anything in your 'back pocket' because a previous sale hit a little turbulence. Again, just a wild generalization. Thanks for the note.