John Segrich Quotations

Unstructured information is common to just about every industry. This story has legs to support investors for quite a long time.

Licenses are a little better, though they could have been a bit stronger. Margins were a little weaker than the Street had been looking for.

We continue to believe SAP is seeing an improving IT-spending environment and is taking market share from global peers, especially Oracle.

We believe momentum for SAP is set to continue. News flow will remain strong...well into 2007.

Revenues were light relative to expectations. They have struggled to gain traction in consulting and recently lost the head of the business.

Autonomy is getting half of its sales in the U.S., has laid out a solid strategy with original equipment manufacturers, has a solid management team and market opportunity,

You take those three data points together and you start to put together a picture of a company that's performing very well, ... We're not seeing the slowdown at Autonomy that other companies are facing.

You might see some profit taking given the share price increase... but it's still been a very solid quarter.

Not to downplay it, but this is fairly straightforward. Some of these changes don't sound incredibly complex, but if you do enough of them it makes a big difference.

This is a good move for Business Objects. With Mr. Schwarz, they have brought on an industry veteran who has experience in growing companies.

The challenge they face now is that because they've exceeded forecasts in the past they risk disappointing the market. History suggests that the Street migrates to the high end of their range or slightly above and that certainly sets a high bar for later in the year.