System Software Suppliers Slip Seriously M. Reed - August 8, 2000
Event Summary
Shares of Computer Associates, BMC Software, Compuware Corporation, and others have suffered serious setbacks on the stock market in recent days due to shortfalls in revenue. Most vendors blame it on a failure to close large deals near the end of the quarter. Once again, the dreaded Wall Street 'whisper number' has not been made, and the stock market has reacted harshly. Sales of mainframe software have softened, causing much of the shortfall...
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