It will be strange to be without him. I can't believe he's gone, to tell you the truth.
Chuck Phillips
It's in line with them getting the cost down to the reality of what their revenue opportunities are.
reality opportunities
This doesn't solve their problems long-term, but you can't continue to run a business and ignore the fact that your top line isn't there, so I think it's a pragmatic move. They probably can't cut their way to prosperity - sooner or later they're going to have to get their revenue line growing.
prosperity business problems growing fact run
PeopleSoft had 12.9 percent operating margins in 2002 and 10.1 percent for the latest reported quarter. He just bought a company [software maker J.D. Edwards] that is losing money. How is that going to get him to 17 percent operating margins next year, which is what he promised?
money company losing
Our downgrade is based on the company's preannouncement for contract revenue of.25 bilion-.3 billion. Our estimate was.65 billion.
We now expect EPS of 15 cents a share, excluding amortization and charges. Our previous consensus level EPS estimate was 55 cents a share.
share
He was one of my best friends. He was a great guy. He made a lot of old people happy.
people happy friends great made guy
truth strange
Billing is a logical and complementary addition.
logical
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