OK... Maybe it was four quarters (in a row). If you look at year-end
numbers for 1995 and 1996, Sybase reported losing 19 million for the
year in 1995 and 79 million for the year in 1996. Again, we like the
product despite the difficulties we had with version 10. I would
question anyone who can confidently say that Sybase is on solid ground
financially yet. Their last quarter reported minimal profits, but if
you look closely at the numbers, they were achieved through cost cutting
measures, not growth of the business. The revenue from DBMS license
fees declined $12 million from the first quarter in 1996. I hope Sybase
does turn it around since I own stock in the company, but we as a
company couldn't choose it as a strategic part of our framework given
the near term performance...
Received on Thu Jun 12 1997 - 00:00:00 CDT
