Ok everybody, I'm sure everyone here who has
invested with Versant has high stress levels, is
frustrated, feels ripped off, is disgusted, and would like to
take it out on anybody. But lets settle down, were all
share holders, and theres no sense on yelling at each
other. We'll either have to take the loss, or wait it
If you are arguing that Unix as a
computing platform is more stable than NT. I generally have
no disagreement with you. But then that says nothing
really about Microsoft's ability to develop an ODBMS
that would be not only very competitive (after the 3rd
release) but would more than likely become the dominant
ODBMS on NT by virtue of their "inside knowledge" of
the platform and corporations wanting to go with "a
total Microsoft solution" -- OS, tools, databases,
NT is the fastest growing (adopted)
platform. Regardless of your arguments about platform
stability. That is a fact, verified by all the market
research firms (IDC, Dataquest, etc.)
line is that Microsoft sees no need to come into this
paltry market at this time.
In addition, it is
not often the best product that wins, but the best
marketing... you need not look farther than Oracle to see that
that is true.
Count, thank you for taking the time and adding
value to this board. Your obsevations about the
immaturity displayed here are accurate. I am not a
technician and would appreciate your continued input. Your
insite is valuable to an investor like myself.
My horse is no taller than anyone elses. Perhaps
the dust has settled around it and my view is just a
I have been a Versant
shareholder from time to time and still maintain a very small
position in one of my portfolios.
Even though it's only money, and alot at that,
I'm thinking of jumping ship and trying to recoup
elsewhere. IT just seems to keep going and going and going
(like the bunny)down. ANy suggestions or insights as
towhat's next for VSNT?
In my opinion, it's all about earnings. Nick
promised break even by Q3 or Q4 and I think VSNT's near
term (1 year) will rely on Nick's ability to meet his
promise. Also, by Q4 the "He's new and needs time for the
effects of changes to take place" excuse will no longer
apply. For these reasons I think Q3 and Q4 are very
important to VSNT. Your guess is as good as mine as to
whether the news will be good or bad.
I lost a lot of money on this stock too and it's
a depressing sight to watch the chart go down every
day. From what I can tell, the company is not run
well. If I am wrong here, please feel free to correct
me but back it up with examples of how the
management is doing a good job.
In addition, this
technology looks like it could be replaced in a couple of
years. Or maybe I should say, this particular version of
the technology could be replaced. WindowsNT is the
wave of the future, like it or not (and I am not
particularly happy about it because I think MSFT is a
predatory company without ethics; if you'd like my views on
that, ask me but I don't want to get into it in this
message). WindowsNT servers can be run with as many as 32
Pentium Pro processor chips, making them as powerful as
any database server. MSFT is working on its own
version of an OODBM and you can be sure that it will work
with NT better than any competitors' software. It
won't happen overnight, but NT will probably supplant
other operating systems that run database software.
That will make other data base management software
Apart from the technology, I think Versant is in a very
precarious position financially. I used to think it could be
a potential takeover target. At this point, I don't
think it is. Who'd want a company that has nothing to
In short, I think VSNT has only one way to go: down.
My apologies to all of you who are holding this
stock. I don't want to ruin your day, but I don't see
anything positive in this company's future. And apparently
the management doesn't either. If they did, they'd be
buying VSNT stock at these low prices to fill their own
You'll have to make your own decision, but I made the
decision sometime ago to take my lumps and get out. I
highly recommend thatyou have an exit strategy when you
go into a stock. I bought VSNT with high hopes that
it would recover. But it didn't. It made a very
brief rally and then turned down and kept going down.
Going in, I should have set a point at which I would be
willing to take a loss and get out. Without an exit
strategy, I kept hoping for a recovery. Meanwhile the stock
kept going down.