He was one of my best friends. He was a great guy. He made a lot of old people happy.
It will be strange to be without him. I can't believe he's gone, to tell you the truth.
It's in line with them getting the cost down to the reality of what their revenue opportunities are.
Our downgrade is based on the company's preannouncement for contract revenue of $1.25 bilion-$1.3 billion. Our estimate was $1.65 billion.
PeopleSoft had 12.9 percent operating margins in 2002 and 10.1 percent for the latest reported quarter. He just bought a company [software maker J.D. Edwards] that is losing money. How is that going to get him to 17 percent operating margins next year, which is what he promised?
This doesn't solve their problems long-term, but you can't continue to run a business and ignore the fact that your top line isn't there, so I think it's a pragmatic move. They probably can't cut their way to prosperity - sooner or later they're going to have to get their revenue line growing.
We now expect EPS of 15 cents a share, excluding amortization and charges. Our previous consensus level EPS estimate was 55 cents a share.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.