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Microcap & Penny Stocks : ADSN - Advanced Systems International -- Ignore unavailable to you. Want to Upgrade?

To: Steelguy who wrote (61)	3/16/1999 12:12:00 PM
From: Spark	Read Replies (2) \| Respond to of 895

Steel, You're right. If all those that follow this thread, lurkers included, tell another thread in a informative (No hype just facts) manner about ADSN, and include Waldo's web-site address, we would help this company's exposure. So, get going! Spark

To: Steelguy who wrote (61)	3/16/1999 12:27:00 PM
From: waldo	Read Replies (1) \| Respond to of 895

>>But new applications such as front-office software and supply-chain planning tools are the keys to renewed growth for SAP and its rivals, said Josh Greenbaum, an independent analyst in Berkeley, Calif.<< Change in the wind at slumping ERP vendors PeopleSoft, SAP and others get stung by flat sales after years of rapid growth By Craig Stedman 03/15/99 Flat software sales are ushering in an unprecedented period of turmoil and change for SAP AG and other top vendors of enterprise resource planning (ERP) software. More evidence arrived last week when PeopleSoft Inc. confirmed that it's looking for a new president to take over day-to-day management of the company from co-founder Dave Duffield. The 58-year-old Duffield plans to continue as CEO and chairman; PeopleSoft officials said the search started last year before demand for ERP applications began hitting the wall. But analysts said it's a time of transition for PeopleSoft, which laid off 6% of its workforce and changed its sales management in recent weeks. The Pleasanton, Calif., company is also betting heavily on new intranet and business analysis applications to augment its core ERP software. Sharing the Pain Rivals such as SAP, Baan Co. and J.D. Edwards & Co. also are feeling the pain of lower-than-expected sales as Asian companies cut spending and users run out of time to solve their year 2000 problems by installing packaged applications. For Jim Dileo, senior vice president of worldwide information technology at The MacManus Group, a global advertising firm in New York, the fact that everyone else is suffering means he won't get too concerned about PeopleSoft —as long as it doesn't slip up on support. "Clearly, there's a market trend out there that's affecting all of [the vendors]," said Dileo, who's overseeing a PeopleSoft rollout. But PeopleSoft isn't likely to hire a new president just "to come in and be a caretaker," he added. "I don't think we've seen the end of any changes." SAP's U.S. subsidiary has been hit by the departure of several top executives since last fall, including this month's resignation of Jeremy Coote as president of the Newtown Square, Pa., unit. "You lose relationships, and it's a pain in the rear end to rebuild them" when executives like Coote leave, said Colby Springer, CIO at MJDesigns Inc., an arts and crafts retailer in Coppell, Texas, that uses SAP's R/3 applications. Otherwise, the turnover at SAP "is no big deal," Springer said. "Obviously, there's some turmoil there. But the software works, and that's the key part." After SAP officials met with financial analysts last week, New York-based Credit Suisse First Boston Corp. (CSFB) cut its first-quarter revenue and earnings projections for the German vendor. Sales Drop Expected CSFB predicted that SAP's software license sales will drop 13% this quarter and fall another 6% in the second quarter before rebounding modestly later in the year. But new applications such as front-office software and supply-chain planning tools are the keys to renewed growth for SAP and its rivals, said Josh Greenbaum, an independent analyst in Berkeley, Calif. For users as well as vendors, "the strategic value of ERP is diminishing," he said. "It's now just something that gets you in the game." erpsupersite.com W