PRESS: Informix in the News

List of Informix related articles. Format: PUBLICATION "Article Name" Summary of Article [Date, Location in Publication, Author] Informix in the News --------------------------------- (05/04/98) THE WALL STREET JOURNAL "Informix Income Beats Forecast; Results for Quarter Are Strong" Informix reported an unexpectedly strong first quarter. The company said that its net income was $4.9 million, a increase of three cents per share. The profit was six cents a share above the consensus estimate of a three-cent per-share loss published by First Call Corp. Revenue for the quarter was $167.2 million, compared with $149.2 million in the year-earlier quarter. The upswing is particularly impressive for Informix, which now operates under tighter accounting rules. Bob Finocchio, Chairman and CEO of Informix, "managed the numbers very carefully," said James Mooore, analyst with BT Alex Brown. However, Informix, may have stabilized, but the company still faces challenges. (Quentin Hardy, 5/1/98) Additional Coverage: CNBC: THE EDGE Transcript (Joe Kernan, 4/30/98) SAN FRANCISCO CHRONICLE "Informix Posts Unanticipated Quarterly Profit" (Jamie Beckett, 5/1/98) SAN JOSE MERCURY NEWS "Finocchio's Jokes Aside, Informix Shows Investors That The Firm Has Life Left In It" Bob Finocchio, Informix's CEO, exudes responsibility, confidence, prudence and stability. For two consecutive quarters, Informix posted earnings where investors expected losses. Although Finocchio cautioned analysts not to assume the momentum will continue next quarter, investors concluded that the company's stock has life left in it. (Adam Lashinsky, 5/1/98) SAN JOSE MERCURY/MERCURY CENTER "Informix Reports Unexpected Profit" (Reuters, 4/30/98) TECHWEB "Informix Shows Progress With First Quarter Profit" (Shawn Willett, 4/30/98) INTER@CTIVE WEEK "Informix Shocks Analysts, Turns First-Quarter Profit" (Larry Barrett, 5/1/98) INTER@CTIVE INVESTOR "Informix Shocks Analysts, Turns First-Quarter Profit" (Larry Barrett, 4/30/98) INTER@CTIVE INVESTOR "Informix Slips in Heavy Trading Ahead of Earnings" Shares of Informix slipped slightly in heavy Nasdaq trading ahead of their earnings report. Shares were off 5/32 to 9-29/32 with nearly three million share traded, making it one of the top 10 most active issues on the Nasdaq. (Reuters, 4/30/98) INTER@CTIVE INVESTOR "Informix Shares Move Ahead of Earnings Report" (Larry Barrett, 4/30/98) CNNFN "Informix Reports Unexpected Profit on Strongers Sales" (Reuters, 4/30/98) CNET "Informix Surprises Street, Again" (Dawn Kawamoto, 4/30/98) INFOWORLD ELECTRIC "Informix Posts Second Straight Profitable Quarter" (Elinor Mills, 4/30/98) COMPUTER RESELLER NEWS "Informix Shows Progress" (Shawn Willett, 4/30/98) BLOOMBERG "Informix Reports Unexpected First-Quarter Profit On Lower Expenses" (4/30/98) BLOOMBERG "Informix Has Unexpected First-Quarter Profit On Lower Costs" (4/30/98) CNNFN "Preview of Nasdaq Market" (Tony Guida and Bill Tucker, 5/1/98) CNNFN "Nasdaq Update" (Tony Guida and Bill Tucker, 5/1/98) THE NEW YORK TIMES "Informix Corp. Reports Earnings For First Quarter to March 31" (5/1/98) TECHWEB NEWS "Tech Stocks Wane As Broader Market Gains" Informix dropped 15/64 to 9 21/32 despite surprising Wall Street with earnings of 3 cents a share. Wall Street was expecting a loss of four cents a share. (Gabrielle Jonas, 4/30/98) DOW JONES/NEWS RETRIEVAL "Informix Rises In Aftermath On Upside 1Q Earns" (4/30/98) DOW JONES/NEWS RETRIEVAL "Informix Posts 1st-Quarter Profit Above Wall Street Estimates" (4/30/98) DOW JONES/NEWS RETRIEVAL "Informix 1Q Tops Views As North American Sales Are Strong" Informix's sales in the region were up 26.3 percent year over year. "It was a pretty remarkable performance for these guys," said James M. Pickrel, an analyst at Hambrecht & Quist. A successful quarter like this helps customers feel more comfortable about doing business with the company, he said. (Mark Boslet, 4/30/98) DOW JONES/NEWS RETRIEVAL "Technology & Telecommunications" (Quentin Hardy, 5/1/98) DOW JONES/NEWS RETRIEVAL "Informix Chief Exec Makes Pitch to Wall Street" (Adam Lashinsky, 5/1/98) DOW JONES/NEWS RETRIEVAL "Ailing Database Concern Informix Posts Surprisingly Strong Results" (Quentin Hardy, 5/1/98) DOW JONES NEWS/RETRIEVAL "Options Report: Informix Soars a Session Before Earnings" Informix's call options are soaring again as traders take positions a session before it releases its first-quarter earnings. The activity has pushed implied volatilities up to 100 percent. Implied volatility is a measure options traders use to determine how likely it is that the price of the underlying security will change. According to the Informix options trader, "the smart money looks like Informix's earnings are going to be up a little." (Steven M. Sears, 4/29/98) DOW JONES NEWS/RETRIEVAL "Informix Corp. Earnings 2: 1Q Financial Table" (4/30/98 INFORMATIONWEEK ONLINE "Back in The Black: Informix Posts Net Profit" (Joy D. Russell, 5/1/98) PCWEEK ONLINE "Changing the Accounting Rules" A new accounting policy is forcing a fundamental tightening in the way that software companies count their revenues. SOP 97-2 outlines criteria for when a sales is a sale and when product has been delivered. Informix put an end to the "all-you-can-eat" deals in which it front-loaded revenue from multiyear contracts. According to Bob Finocchio, Informix CEO, he said those deals contributed to their financial mess last year. Informix abided by SOP 97-2 last year when it restated some $250 million in past revenues, said CFO Jean-Yves Dexmier. (Mark Hammond, 4/27/98) COMPUTER DEALER NEWS "BBC Tries Informix Database" The BBC is using the Informix Dynamic Server with the Universal Data Option to help them develop the Pilot Operating Centre (POC). The Informix Dynamic Server manages digital content by storing data such as scripts, contracts and associated program information and attaching it to specific frames so that all the information about a particular program is kept in one place. Other broadcasters, like Radio Televisione Italiana (RAI), have followed the BBC's lead. Also, using the Informix Dynamic Server is the Associated Press and GTE. (Adam Bisby, 4/14/98) THE DOMINION "Informix Sees Spatial Information Systems Meeting Rising Demand" Banks, insurance and retail companies are thirsting after customer information. Not only do they want names and dates, but they also are interested in all-encompassing spatial information. A number of spatial information systems which examine