Re: Informix stock tanks on bad news.
Posted in 1997
Chris Drauch — — source: Informix-list mailing list archive (1991-1998)
Mike Segel wrote > >Got a phone call this morning from my Broker. >Informix stock tanked under 10 due to reports of >poor sales across the entire product line. > >I think that some of this falls on a poor product line definition >and restructuring of the products. + By Kourosh Karimkhany + + "It's a classic product transition," said Charles Phillips, software analyst + at investment bank Morgan Stanley & Co. in New York. "They're trying to + sell a new product before it's ready to be sold and they're not concentrating + on the old product." I just hope they wake up now :) -- Chris Drauch <cdr@xteam.co.at> ... just speaking for myself ...