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Actuate Corporation Message Board

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  • short_is_good_baboly short_is_good_baboly Mar 19, 2009 2:40 PM Flag

    IBM WANTS SUNW JAVA....

    chasrx,

    You have not gotten the point yet.
    ORCL license revenue was bad, ORCL outlook is not good. CNBC repeated several time if you don't have time to do your own CC. The only thing good about ORCL was new DIV and service revenue that holding it.
    Does above info gives you any clue about ACTU?
    Yes,
    1- ACTU license revenue will get worse
    2- ACTU service revenue will suffer because of competition and consolidation.
    3- Current ACTU financial is much weaker than 2008.
    4- ACTU technical is weak

    ACTU will drop under $3 after disappinting Q1 quarter IMHO.