HP3000-L Archives

October 1996, Week 1

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Neil Harvey <[log in to unmask]>
Reply To:
Neil Harvey <[log in to unmask]>
Date:
Thu, 3 Oct 1996 16:53:57 +0200
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Charles expressed....(in reply to my somewhat frivolous post)...

>----------
>> This should be especially easy, now that Cognos have declared their
>> intentions to wind down PowerHouse.
>>
>
>>
>> Neil Harvey
>> [log in to unmask]
>> +27 21 221907
>
>This is news to me.  What exactly did they announce?
>
Revenue from the company's application development tools, PowerHouse and
Axiant, was $25.5 million in the second quarter, compared to $29.7
million in the
second quarter of last year. Axiant revenue in the quarter was $0.6
million. Zambonini said, "The overall trends in this business remained
consistent again this
quarter. Revenues in this mature market continued to decline in an
expected, predictable manner.


Key words here are "continued to decline in an expected, predictable
manner."

Neil

Neil Harvey
[log in to unmask]
+27 21 221907

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