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Gold/Mining/Energy : Angoss Software Corp. V.ANC -- Ignore unavailable to you. Want to Upgrade?


To: patt who wrote (589)4/22/1999 11:23:00 PM
From: Andre Koluksuz  Read Replies (2) | Respond to of 1006
 
Well, I just had a quick look at AXCIOM at their web site www.axciom.com . Here are some facts about them;

about 4000 employees (3400 in the States)
ranked 19th in the Fortune's 100 best companies to work for
$400 Millon annual sales.

They are in the business of providing online data and data management services to individuals and to the corporations. It seems from their revenues and size, they are pretty big in this area.

Angoss's revenues will come when Angoss customers access Axciom's database via Internet using the built in feature in Angoss data mining applications. My understanding is that not only Angoss will collect royalties from Axciom, but also having a built-in connection feauture to a huge US data provider will make Angoss products even more appealing.

We do not now what revenues will this deal bring to Angoss, but for now just the fact that Angoss is being selected day after day as a partner by these big boys is very impressive. When there is smoke, there is fire.

Happy investing to all.