On June 27, Great Plains Software, Inc., a leading mid-market provider of back-office and e-business solutions, announced financial results for the fiscal quarter and fiscal year ended May 31, 2000. Despite continued growth and profitability, the market reacted to the company’s results that were below analysts’ expectations by almost halving its market capitalization in a day!
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profitability from its back office business through leveraging synergies across recent acquisitions, moving more of its business processes on-line and through a restructuring process. Great Plains plans to realize savings from, among other things, greater use of its e-support solution for customers and partners, greater leverage of marketing, research and development, and administrative investments across its business units, wider use of computer-based training alternatives for partners, and reducing its