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To: WR who wrote (28473)	2/19/1999 10:44:00 AM
From: WR	Respond to of 31646

I thought this part was important''Today it is estimated...there are 12,000 companies that have a supply chain management system in place and there are 260,000 companies that (don't), so it is a good market,'' no more post today. WR biz.yahoo.com Thursday February 11, 4:43 am Eastern Time INTERVIEW-Ilog hopes to double revenue every 2 yrs By Alicia Seow SINGAPORE, Feb 11 (Reuters) - French supply chain software provider Ilog SA (Nasdaq:ILOGY - news) said on Thursday it hopes to double revenues every two years despite analysts' expectations of 20 to 40 percent growth. ''Doubling (revenue) every two years should not be a problem,'' chairman and chief executive officer Pierre Haren told Reuters. ''The analysts that are tracking us estimate that we are going to grow in the 20 to 40 percent range,'' he said. ''We are working really hard to make sure that we are at much higher growth rates.'' Ilog develops and supplies software components for graphics and resource optimisation to enterprise management software firms, like German giant SAP AG (quote from Yahoo! UK & Ireland: SAPG.F), and end-users in a range of industries, including telecommunications and transportation. For its financial year ended June 30, Ilog reported turnover of US$54.6 million and a net loss of US$28.04 million after a one-time charge for the acquisition of CPLEX, a maker of another type of optimisation software, Haren said. He said analysts' forecasts for the firm varied because Ilog cautioned Wall Street about a slowdown in th supply chain management business, ''which was temporarily in a bizarre disarray.'' The business management software market, worth US$15 billion, was facing falling demand for millennium-compliant products as 2000 approached, he said. The change of date to 2000 threatens to create computer chaos as many software programmes cannot read dates beyond 1999 unless they are modified. Haren said some analysts believed software suppliers would grow at 20 percent for the rest of their lives, while others believed the slowdown was temporary and that the firms would grow at their historical growth rates of 40 percent from the middle of 1999. ''We have to bite the bullet for one or two quarters depending on how these guys do,'' Haren said, referring to customers such as Manugistics (Nasdaq:MANU - news), i2 Technologies (Nasdaq:ITWO - news) and JD Edwards (Nasdaq:JDEC - news). ''Today it is estimated...there are 12,000 companies that have a supply chain management system in place and there are 260,000 companies that (don't), so it is a good market,'' Haren said. ''We are certainly not going to let it go because there is a temporary downdraft.'' -- Singapore newsroom (65)870-3086; Fax (65)776-8112 -- E-mail: 1 ------------------------------------------------------------------------ More Quotes and News: •I2 Technologies (Nasdaq:ITWO - news)•ILOG SA (Nasdaq:ILOGY - news)•J.D. Edwards & Co (Nasdaq:JDEC - news)•Manugistics Group Inc (Nasdaq:MANU - news) Related News Categories: US Market News