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Despite a 38 percent decrease in software license revenues in Manugistics Group Inc.s recently completed fiscal third quarter, Chairman and CEO Greg Owens is bullish on the supply chain planning software developers future. The Rockville, Md., company is targeting a modest increase in sales and a smaller loss for the current quarter. With increased sales […]
We think it was Bill Gates who said you cant turn a dumb or even merely obvious idea into a business plan by adding “on the Internet.” But were also sure that there are ways to become a successful Internet-based business in 2002. If 2001 taught us nothing else, it should have proved the folly […]
Hewlett-Packard Co.s board of directors on Monday denied Walter Hewletts recent claims that he was pressured to vote in favor of the companys proposed $25 billion buyout of Compaq Computer Corp., and denounced the HP heirs portrayal of events leading up to the merger announcement in September. “To suggest that you were pressured into approving […]
Read this weeks Spencer column.
Thanks to stronger than expected sales, Compaq Computer Corp. said today that it will post a profit, rather than a loss, for the fourth quarter. According to a statement issued this morning, Compaq said it now expects its revenue for the fourth quarter to exceed $8 billion. Previous guidance and consensus estimates for the fourth […]
Intel Corp. and Advanced Micro Devices Inc. rang in the New Year on Monday by moving the clock forward on their top-performing processors, releasing their fastest PC chips to date. Intels launch of two new Pentium 4 processors, a 2.2GHz and 2GHz “A” version (with twice the on-die memory as the companys previous top-performing 2GHz […]
Read this weeks Spencer column.
In an indirect way, Dan Newlon can thank the U.S. Food and Drug Administration and its love of red tape for his new, upwardly mobile career status. Newlon, a 15-year IT veteran and software developer at Peapack, N.J., pharmaceuticals company Pharmacia Corp., began looking for a new career path a few years ago after finding […]
If there were a test to prove healthy competition, it could be escalating rhetoric in a particular market—say, databases. IBM has turned up the volume during the past few months, claiming it is steadily catching up to all-powerful Oracle. IBM says DB2 sales surged 56 percent in the third quarter over the year-ago quarter, representing […]
Hewlett-Packard Co. continues to try to counter growing opposition to its proposed buyout of Compaq Computer Corp. Earlier in December, the company sent a lengthy report to shareholders that lashes out at dissident board member Walter Hewlett. The 50-page report claims that the criticisms of Hewlett, son of HP founder William Hewlett, are based on […]