LYCOS RETRIEVER
Informix
built 205 days ago
Excluding restructuring costs, Informix is hoping to break even in the fourth quarter of 2000 and return to profitability in the first quarter of 2001. The company expects to incur transition costs in the first half of 2001 in the range of $15 million to $20 million, up from its prediction of $10 million to $15 million made last month. The change is due to additional staff cuts, Informix said in the statement.
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If you are familiar with setting up Informix Dynamic Server for UNIX, you may find these entries are identical to the information entered in the sqlhosts file. This information is saved in the Windows registry under a key value - SQLHOSTS. As a result, there is no need to have a sqlhosts
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Informix announces a $140 million loss for the first quarter, and class-action lawsuits are filed. Phil White names Robert Finocchio Jr. president and CEO. Phil White resigns as chairman. Informix restates revenues by $311 million for 1994-1996.
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On the plus side, at the end of its third quarter, Informix expects to be debt-free and to have cash and cash equivalents to the tune of $245 million. The company has bought back 6.4 million shares of its stock since Aug. 14, 2000, the vendor said in the statement.
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Failures in marketing and an unfortunate leadership in corporate misgovernance overshadowed Informix's technical successes. On April 1, 1997, Informix had to announce that revenues fell short of expectations by $100 million. In retrospect, the day before this incident may have marked the peak of Informix's success as a company. While it continued to advance its technology, the churn in management that followed the ouster of the CEO in 1997 meant the company never recovered the momentum that its success with Version 7.x established.
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Your customers still have to purchase a runtime license for Informix, which can be quite expensive. When you add in the cost of connectivity tools (ODBC, et al.), a customer can easily spend thousands of dollars per installation.
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