SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?


To: Tom C who wrote (2736)2/11/1999 6:12:00 PM
From: hasbeen101  Respond to of 3194
 
Earnings of 6 cents per share (for the second time). A thing to note is that the effective tax rate was still very low. I think the effective tax rate will be higher this year, so retaining the same NPAT will require improvements in the before-tax results.

I would think at this point that 25 cents would be a reasonable estimate for 1999 earnings, putting the company on a P/E of 32 at $8.

The revenue growth is still too low (remember that Q4 98 was a disaster), however my spreadsheet tells me that the rolling 12-month rate of revenue growth has lifted from 21% to 31% which is at least something. I do hope though that the management understand that ODIS is underachieving while it grows revenues at less than 50%.



To: Tom C who wrote (2736)2/18/1999 9:32:00 AM
From: GUSTAVE JAEGER  Respond to of 3194
 
ODIS's no longer the lonely success story in an ODBMS ''graveyard''...

Silicon Valley's Objectivity, Inc. Doubles New Customer Wins

Company Closes Calendar Year '98 Profitable and Growing


MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 18, 1999-- Objectivity, Inc., the leading provider of distributed, scalable object databases, today announced that during calendar year 1998 the company more than doubled the number of new customers compared to 1997. Additionally, in the last two quarters, Objectivity has already surpassed the number of new customer wins it had during its entire fiscal year 1998.

Objectivity is also announcing it's fourth consecutive quarter of profitability. Objectivity's new customers include both industry leaders and innovative start-ups serving the company's traditional markets of Telecommunications, Process Control and Scientific, as well as providers of business solutions such as Knowledge and Information Management products and services.

''In addition to adding a record number of new customers, we've seen many of our long-term customers successfully deploy their own products,including Motorola, Lexis-Nexis, and NEC among others,'' According to Dave Caplan, president and CEO of Objectivity. ''Our business focus is largely responsible for this year's growth. Our prescription for success has been to deliver the right products to the right players in the right markets.''

Objectivity's customers include market leaders such as Ericsson, Motorola IRIDIUM, Nortel, PageMart, Qualcomm, and Siemens in Telecommunications; ESEC, Fisher-Rosemount, Foxboro, NEC, and SEH America in Manufacturing; BBN, DISA, E-Systems, Lockheed Martin, Raytheon, and TRW in Government; Brookhaven National Labs, CERN, Fermi Labs, SLAC, Lawrence Berkeley Labs, and Lawrence Livermore Labs in Scientific; plus CUNA Mutual, Decisionism, Intraspect, Nousoft, and Synthesys Technologies for Business Solutions.

More About Objectivity, Inc.

Objectivity, Inc. is the leading provider of distributed, scalable object databases with unrivaled support for mixed-language development and mixed-hardware environments. Objectivity boosts developer productivity, shortens time to market, and provides the ideal platform for mission-critical applications requiring continuous performance and adaptability to future technologies.

Objectivity, Inc. is headquartered in Mountain View, California, U.S.A. For more information, contact Objectivity by e-mail at
info@objectivity.com, on the World Wide Web at objectivity.com or by calling (650) 254-7100.