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Date: Wednesday, April 26, 2000, 2:20 PM -0400
From: Faulkner Mail Server <mailserver@faulknerinfo.com>
To: ???
Subject: Faulkner's Systems Flash 04/26/00 - (Part 2 of 2)

Financial News 
	 American Management Systems (AMS) reported first quarter 2000 revenues of
$311 million, up from $291 million in the opening quarter of 1999. Net
income was $15.3 million, or $0.36 per share diluted, compared with $15.8
million, or $0.37 per share diluted. The revenue gain was spurred by a 29
percent increase in the amount of business the company did with the US
federal government.
	 For its fiscal third quarter ended March 31, America Online reported
revenues of $1.8 billion, up 47 percent from $1.25 billion in the year-ago
quarter. Net revenues came to $271 million, or $0.11 per share.
	 Apple reported first quarter 2000 revenues of $1.94 billion, an increase
	 of 27 percent over revenues from the same quarter of 1999. Net income was
$233 million, or $1.28 per share, compared to a net income of $135 million,
or $0.84 per share.
	 For the company's second fiscal quarter ended March 31, 2000, Ariba
reported revenues of $40.0 million, a 322 percent increase from revenues of
$9.5 million for the prior year period. Net loss was $125.9 million or $0.70
diluted loss per share, compared to a net loss of $5.8 million or $0.14
diluted loss per share. Gain in revenues was attributed to increased demand
for Ariba's B2B Commerce Platform and B2B Commerce Services, while the
higher net loss was attributed chiefly to costs associated with the
company's acquisition activities.
	 For the first quarter ended March 31, 2000, Baan reported revenues of $106
million, decreased from $176 million for the prior year period. Net loss was
$26 million or $0.11 per diluted loss per share, compared to a net loss of
$19 million or $0.09 diluted loss per share. The company attributed
increased losses to instability in its upper echelon management team.
	 Bull reported first quarter, 2000 revenues of 669 million euros, compared
to revenues of 708 million euros in the same quarter of 1999. The company
said that the results reflected a slowdown that occurred because of the year
2000 changeover.
	 For the first quarter ended March 31, 2000, Commerce One reported revenues
of $35 million, increased from revenues of $2.1 million for the prior year
quarter. Net loss was $43.6 million or $0.29 loss per share, compared with a
net loss of $12.3 million or $0.14 per share.
	 For the first quarter ended March 31, 2000, CyberSource reported revenues
of $6.8 million, a 294 percent increase from revenues of $1.7 million for
the year ago quarter. Net loss was $9.1 million or $0.36 loss per share,
compared to a net loss of $4.4 million or $$0.70 per share. First quarter
2000 net losses include charges related to the acquisition of ExpressGold
and the amortization of stock compensation.
	 For the first quarter ended March 31, 2000, FileNET reported revenues of
$92.8 million, a 14 percent increase from revenues of $81.4 million for the
prior year quarter. Net income was $6.5 million or $0.18 per diluted share,
compared to net income of $2.0 million or $0.06 per diluted share.
	 Gateway posted first quarter , 2000 revenues of $2.34 billion, an 11
percent increase over revenues of $2.1 billion in the same quarter of 1999.
Net income was $136 million, or $0.41 per share, compared to a net income of
$99 million, or $0.31 per share.
	 For the first quarter ended March 31, 2000, i2 Technologies reported
revenues of $186 million, a 58 percent increase from revenues of $ 118
million for the year ago period. Net income was $12 million or $0.07 pert
share versus a net loss of $1.2 million or $0.01 loss per share. Gains were
attributed to revenue growth driven by the company's TradeMatrix platform.
	 IBM reported first quarter, 2000 revenues of $19.3 billion, compared to
revenues of $20.3 billion in the same quarter of 1999. Net income was $1.52
billion, or $0.83 per share, compared to a net income of $1.47 billion, or
$0.78 per share.
	 IBM Global Services reported weakened revenues for the first quarter 2000.
Revenues for the unit were $7.6 billion versus $8.7 billion in the first
quarter of 1999.
	 Inktomi reported that for the second quarter ended March 31, 2000,
	 revenues were $47.3 million, a 211 percent gain over revenues of $15.2
million in the same quarter of 1999. Net income was $1.0 million, or $0.01
per share, compared to a net loss of $7.4 million, or $0.07 per share.
Inktomi reported that this quarter is the first profitable quarter in the
company's history. Intel reported for the first quarter of 2000 revenues of
	 $8.0 billion, compared to revenues of 7.1 billion in the same quarter of
1999. Net income was $2.7 billion, or $0.78 per share, compared to a net
income of $1.9 billion, or $0.57 per share.
	 For the first quarter ended March 31, 2000, Interworld reported revenues
	 of $15.2 million, a 117 percent increase from revenues of $7.0 million
for the prior year period. Net loss was $7.3 million or $0.26 loss per
share, compared to a net loss of $7.2 million or $0.52 per share.
	 For the first quarter ended March 31, 2000, Open Market reported revenues
of $24.8 million, a 50 percent gain over revenues of $16.6 million for the
prior year quarter. Net loss was $4.8 million or $0.11 loss per share,
compared to a net loss of $5.2 million or $0.12 loss per share.
	 For the first quarter, SAP AG reported revenues of EUR 1.18 billion, a ten
percent increase over revenues of EUR 1.08 billion for the prior year
period. Net income was EUR 56 million or EUR 0.53 earnings per share, a 43
percent decrease from EUR 98 million or EUR 0.92.
	 For the first quarter ended March 31, 2000, Siebel Systems reported
revenues of $309.4 million, a 119 percent increase over revenues of $141.5
million for the prior year period. Net income was $46.3 million or $0.19 per
share, compared with net income of $21.8 million or $0.10 per share,
increases of 113 and 90 percent respectively.
	 For the quarter ended March 31, 2000, Sybase reported revenues of $227
million, compared with $208 million in the year-ago quarter. Net income was
$19.5 million, or $0.22 per share, compared with net income of $8.5 million
or $0.10 per share in the year-ago quarter.
	 Unisys reported for the first quarter of 2000 revenues of $1.67 billion,
	 an 8 percent decrease from revenues of $1.82 billion in the same quarter
of 1999. Net income was $106.5 million, or $0.34 per share, compared to a
net income of $109.9 million, or $0.31 per share. The company said that its
revenue was negatively impacted by a slow rebound in sales after the year
2000 transition and by the implementation of a new organizational model.
	 For the first quarter ended March 31, 2000, Xerox reported revenues of
	 $4.4 billion compared to revenues of $4.3 billion for the prior year
period. Net loss was $243 million or $0.38 loss per diluted share versus
net income of $343 million or $0.48 per diluted share. The company
attributed losses to costs associated with implementation of a worldwide
restructuring program and an in-process research and development charge
from Xerox' acquisition of Tektronics.

Internet 
	 Cap Gemini agreed to use Nokia products, service delivery platforms, and
service management offerings in developing mobile Internet applications and
services. The applications will include mobile e-commerce offerings and
applications delivered over GPRS and third generation networks.
	 Cap Gemini reported that it would invest up to $17 million over the next
three years in an Asia-based center dedicated to developing Wireless Web
technologies.
	 Computer Associates unveiled its e-commerce strategy. The company will
integrate products it acquired in the purchase of Sterling Software into its
own Jasmine ii application development platform Jasmine ii will be
integrated into CA's Unicenter TNG framework. Jasmine ii and Unicenter TNG
will be marketed as Internet infrastructure products that allow businesses
to completely integrate their front and back ends. 
	 Additionally, CA demonstrated its Neugents predictive technology, which
monitors patterns of behavior to predict future patterns of behavior, and
can be used to monitor anything from consumers to computer equipment.
	 EarthLink launched EarthLink Biz Digital Subscriber Line Internet service.
The B2B broadband service is available in Atlanta, Dallas, Los Angeles, and
San Francisco. The service includes customized e-mail options, a Web site,
and e-commerce capabilities.
	 EDS launched online wireless banking services targeted to financial
institutions, including banks and credit agencies. EDS' Wireless Banking
Solutions services are designed to enable financial institutions to offer
their customers access to banking and bill payment via Palm handhelds and
the Palm.Net service.
	 About 2000 domains were reportedly hijacked from their rightful owners by
someone located in Eastern Europe who used a hole in Network Solution's
system. The hijacked domains took surfers trying to access those Web sites
to Webprovider.com's Web site. Webprovider.com denied responsibility for the
exploit, though it is likely that the hacker who performed the stunt was a
subscriber to Webprovider's service.

Mergers/Acquisitions/Divestitures 
	 Aether Systems acquired NetSearch, which offers a wireless system for
notification and response in e-commerce transactions. The price for
NetSearch was $25 million, with the possibility of an additional $65 million
if NetSearch meets certain revenue levels.
	 E-Business trust company Entrust Technologies signed a definitive
	 agreement to merge with global portal infrastructure firm EnCommerce in a
transaction valued at approximately $470 million. The stock-for-stock deal
is intended to create a provider of trusted e-business infrastructure and
offerings for enterprise portals, vertical portals, and marketplaces.
	 Lineo, which develops Linux software for embedded systems, agreed to
acquired Linux networking software provider FirePlug. The company also
struck a deal to buy INUP, which produces Linux clustering software
	 Microsoft acquired MediaOne stake in TITUS Communications, a broadband
service provider and cable firm in Japan. TITUS offers video, telephony, and
Internet access.
	 Marketing services developer MyPoints.com signed a definitive agreement to
acquire Internet incentives firm CyberGold in a tax-free stock-for-stock
transaction valued at approximately $157 million. The deal is intended to
create a provider of targeted promotions offering consumers both points and
cash incentives.
	 NCR acquired CRM vendor Ceres Integrated Solutions for an estimated $90
million. NCR created a CRM Solutions Division that will offer an integrated
product based on its own Relationship Optimizer suite and Ceres' software.
	 Pivotal signed a definitive agreement to acquire 100 percent of Exactium,
provider of eSelling offerings that support Internet and Microsoft
standards, in a cash and stock deal valued at $48 million.
	 Linux vendor Red Hat inked a deal to acquire performance management
software vendor Bluecurve. Red Hat reported that it would use the
acquisition to develop a Web-based performance management service to be
offered on a subscription basis. The deal is expected to close in July 2000.
	 Siebel Systems reported an agreement to acquire online auction provider
OpenSite Technologies in a stock transaction valued at approximately $444
million. The move is designed to add OpenSite's dynamic commerce
capabilities, including forward auctions, procurement or reverse auctions,
auctions networks, cross-auction portals, and exchanges to Siebel's
e-commerce offerings.

Operating Systems 
	 IBM unveiled plans to pre-load the Linux operating system on select
Netfinity servers then sell the servers directly to customers. The company
agreed to load Linux distributions from Red Hat, TurboLinux, and Caldera.
	 Microsoft took another stab at the market for embedded devices, releasing
the Pocket PC. Pocket PCs feature a calendar, Internet Explorer, a voice
recorder, and utilities for playing audio and video files. The devices are
being manufactured by Compaq, Casio, and Hewlett-Packard, among others. The
Pocket PC OS replaces Windows CE, which failed to gain a leading position in
the market.

Desktop Systems 
	 Gateway reported it is including One Tough ComputerCOP software in all
consumer systems. The software is designed to allow users to monitor and
objectionable sites and materials which have been accessed over the Internet
or are otherwise resident in a computer.

Peripherals 
	 IBM introduced the InfoPrint 21, a Web-ready laser printer designed to
allow documents stored on the Internet or a local hard drive to be printed
without having to open a file.

Personnel and Organizational Changes 
	 Allaire appointed Ronnie Ward and Dr. Frank King to its board of
	 directors. Amdahl launched trustedanswer.com, provider of a Web-based
	 self-service offering and hosted customer service and support targeting
companies doing business over the Internet. It offers a range of support
options, including graphically rich Web-based self-service, eQuery,
advanced chat, and phone support. The new business is currently fully
funded by Amdahl, with plans to ultimately spin off into its own entity.
	 Compaq laid off about 450 workers as part of its ongoing restructuring
phase, in which it plans to cut its workforce by about 7,000 people. The job
cuts occurred in the company's Commercial PC group.
	 Computer Associates reorganized its sales operations, reducing its sales
division to three units--enterprise management, applications, and OS/390
tools. The company believed that its sales department had be overly complex
and intends the reorganization to reduce redundancy. Computer Associates
reported that further reorganization involving other areas of the company is
planned.
	 Corelappointed John Blaine to the position of executive vice president and
chief financial officer.
	 Intel reported plans to establish e-Business Solutions Centers in Europe
	 to provide facilities and resources for creating and validating e-Business
solution stacks running on Intel Architecture. The first centers in
Stockholm, Munich, and Reading, England will open over the next six months.
Future European centers in Amsterdam and Paris are planned.
	 JD Edwards' board of directors reappointed founder C. Edward McVaney to
	 the position of president and CEO. McVaney, who was CEO from the company's
inception in 1977 until November 1998, will also retain his position as
chairman of the board.
	 IT services firm Keane formed Keane Consulting Group, a unit dedicated to
providing consulting services to companies developing Web-based businesses.
The new unit aims to complement Keane Interactive, the recently-create group
that provides Web development and management services.
	 marchFIRST reported that it would spin off MarketsWork, which will
concentrate on business-to-business e-commerce services. marchFIRST will
hold a minority interest in MarketsWork, which will function as a separate
company.
	 MicroAge filed for Chapter 11 Bankruptcy, stating that the move is
	 designed to enable the company to restructure itself as a provider of
business-to-business technology. The firm reported that it would continue
its usual business operations during the process. Details of the
reorganization were not released.
	 NEC established a venture company, Vibren Technologies, that is designed
	 to provide information technology services such as testing, localization
services, certification services, and documentation services for computers
and peripherals.
	 Toshiba reported that Mr. Tadashi Okamura will succeed Mr. Taizo Nishimuro
as President and Chief Executive Officer.
	 Xerox appointed Christina Clayton to the position of vice president and
general counsel and Ursula Burns to the position of senior vice president,
Corporate Strategic Services. They succeed Richard Paul and Alan Monahan
respectively.

Notebooks and Handhelds 
	 Aether Software introduced ScoutSync 3.5 for the Microsoft Pocket PC and
Windows CE mobile and wireless computing operating system. ScoutSync is
designed to enable real-time sharing of corporate applications and
information between enterprise systems and mobile devices.
	 Gateway added Pentium III 700MHz processors with SpeedStep technology to
its Solo 9300 and Solo 2550 portables. The company also added GoBack
restoration software designed to reduce lost data, computer downtime, and
technical support costs.
	 Hewlett-Packard unveiled the Jornada 540 Color Series Pocket PCs, which
includes synchronization to desktop PCs, e-mail access, expandability for
wireless connectivity, and software applications.

Remote Access 
	 Ericsson, Motorola and Nokia agreed to collaborate on development of an
open and common industry framework for secure mobile electronic
transactions. The initiative's goal is to use existing and emerging
standards to build a common framework and to create an implementation road
map in order to enhance the fast adoption of trusted mobile e-business.

Security 
	 Dell unveiled its security initiative designed to provide more secure
Internet-based communications and business opportunities for its corporate
and institutional customers. The company is offering security products
including smart cards and biometric readers embedded in keyboards,
encrypting network cards, chassis locks, and anti-virus and firewall
software. The Dell Web site also offers information on security products and
information and consulting services.
	 
IT Services 
	 Andersen Consulting and Vignette began a partnership to jointly provide
services to aid companies in forming online businesses. The services target
both large business and start-ups.
	 Concert, the AT&T-BT joint venture, forged a partnership with ASP
	 NaviSite. The companies will offer hosted applications to Concert's
customers.

Vendor Services 
	 Dell introduced Resolution Assistant, designed to provide advanced,
	 tiered, Internet-based support for corporate and public sector customers.
Resolution Assistant initially will be available on Dell Latitude,
OptiPlex, and Precision products, and will later expand to all Dell
products.

Network/Systems Management 
	 Computer Associates said it will begin shipping ManageIT, software that
enables IT staff to manage distributed applications and data bases from a
single point. ManageIT is derived from Platinum's ProVision product suite.

		 Lauren Newman

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Missy Harvey
Computer Science Librarian
Engineering & Science Library
Carnegie Mellon University
Pittsburgh, PA  15213

http://www.library.cmu.edu/usr/missy/

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