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Actuate Corporation Message Board

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  • bimmertx bimmertx Feb 1, 2008 11:26 AM Flag

    Time to replace the CEO

    I am thinking the same thing. He has to be in trouble. In analysts presentation in Dec. he stated that business was great and he saw no down-turn as the projects they were working on are absolutely critical to their customers.

    It like he was completely bindsided by orders not closing at the end of Dec. He even bought shares.

    The IBM relationship is not good as they are focused on Cognos and this is hurting Actuate.