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Technology Stocks : Insignia Solutions (INSG) -- Ignore unavailable to you. Want to Upgrade?


To: JOHN HEFNER who wrote (689)2/6/1999 1:24:00 AM
From: Patentlawmeister  Read Replies (2) | Respond to of 1606
 
Thanks for the article. It's about time some PR has been issued. Was this after the bell? If so, perhaps we'll get some action on Monday.



To: JOHN HEFNER who wrote (689)2/6/1999 4:20:00 PM
From: Charles Tutt  Respond to of 1606
 
Spectacular (IMHO).



To: JOHN HEFNER who wrote (689)2/6/1999 6:53:00 PM
From: Ashikin Wan-Noor  Respond to of 1606
 
John, Sharewatcher,

whew! amen!

This article of one of those PR pieces I was remarking about earlier. Insgy has to keep itself in the limelight continually to maintain whatever momentum it has, esp. since the article noted NO financial analyst follows it.



To: JOHN HEFNER who wrote (689)2/7/1999 8:01:00 PM
From: SgtPepper  Respond to of 1606
 
John, I received this version of the Dow Jones news story, which refers repeatedly to Jini, not JENE. Your version must be a later version of the story from DJ that corrected this earlier version, which I post here for the record.

_____

News Alert from Dow Jones Online News via Quote.com
Topic: (NASDAQ:CTXS) Citrix Systems Inc, (NASDAQ:INSGY) Insignia Solutions Plc
ADR, (NASDAQ:SUNW) Sun Microsystems,
Quote.com News Item #8993253
Headline: Insignia Solutions Hopes New Jini Product Will Boost Earnings

======================================================================
By Maria V. Georgianis, Staff Reporter
NEW YORK -(Dow Jones)- Insignia Solutions PLC, best known for
software that allows Windows applications to run on Apple computers,
hopes to boost earnings and revenue with a product that allows Java
software to be used in consumer electronics.
Fremont, Calif.-based Insignia (INSGY) expects to ship its Jini
products, which are based on Sun Microsystems Inc.'s (SUNW) Java
software, this quarter. Insignia Chief Financial Officer Stephen Ambler
told Dow Jones that revenue from Jini is expected to increase through
the year.
Ambler said he anticipates 1999 revenue of $20 million, 75% of which
will come from Jini. The balance is expected to come from the company's
SoftWindows product, which
allows Windows programs to run on Apple and UNIX computers.
Ambler said he expects a "slight loss" in 1999. The company earned
$442,000, or three cents a share in 1998, mostly from the sale of a
former product line to Citrix Systems Inc. (CTXS).
Insignia Solutions expects losses in the first and second quarters,
breakeven results in the third and profit in the fourth, Ambler said.
No financial analysts follow the company.
Insignia Solutions reported 1998 revenue of $14.1 million, with most
of that coming from SoftWindows. It posted 1997 revenue of $38.9
million.
Revenue from SoftWindows and similar types of products has been
falling over the years, a situation the company said required a quick
change of direction. SoftWindows "is in a long-term decline," Ambler
said. He cited competition from similar software products and the fact
that the price of Windows-based PCs has become so low.
The company began formulating its Jini product plans in 1996 and this
week shipped the second test version of its Jini Runtime software to 10
companies evaluating it.
Jini Runtime allows Java programs to run in embedded-system
devices such as cellular phones, set-top boxes, car navigation systems,
among other consumer electronics.
Embedded systems, in essence, are hidden computers. The functions
of a digital alarm clock, for instance, are controlled by embedded-system software.
Insignia expects revenue from Jini to come from three sources:
customers who license the software, payments for updates to the software
and royalties from products that use the software, Ambler told Dow Jones.
Based on the positive feedback from a number of potential customers who
have reviewed Jini, Ambler said he is comfortable with projecting revenue of $40 million in 2000 and
earnings of 85 cents a share. Insignia is positioning its Jini software as an alternative to the
current programming tools that are used to develop applications for
consumer electronics with embedded systems. It is hitching itself to Sun
Microsystems' campaign to get Java widely used by software developers.
- Maria V. Georgianis; 201-938-5244;
maria.georgianis@cor.dowjones.com.



To: JOHN HEFNER who wrote (689)2/11/1999 10:00:00 AM
From: Ray  Read Replies (1) | Respond to of 1606
 
Just saw the Dow Jones report your posted -- with the following quote:
"Based on the positive feedback from a number of potential customers who have reviewed Jene,Ambler said he is comfortable with projecting revenue of $40 million in 2000 and earnings of 85 cents a share."
At a conservative pe of 30, not unreasonable for a stock with fast revenue growth, this would be INSGY at $25 a share at the end of 2000.
Still plenty of time for folks to load up.