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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

870.0. "FORTE' Software, Inc." by POBOX::CORSON (Higher, and a bit more to the right) Wed May 31 1995 18:42

    
    	The company is Forte Software Inc. Their product is Forte' (how
    original), an expensive ($75K five-user) Client/server applications
    development environment. Information Week had a very extensive review
    in the May 29,1995 issue, and I have an ISV in Chicago that is now
    doing all their C/S dev. in Forte', and they are *crazy* about it.
    
    	Since the company does not appear to be public, does anyone know
    if, and when, they might do this. Could be another Tivoli Systems...
    
    		the Greyhawk
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870.1Lots of info available inside DECGLOSS::LORENLoren KonkusWed May 31 1995 22:057
    Digital has been involved in a joint engineering / marketing
    relationship with Forte for some years. We have an engineering team on
    site in their building. 
    
    See the marin::forte notes conference for details on the relationship,
    marketing information, contacts, kit availability, etc.
    
870.2Free Agent?EVMS::HALLYBFish have no concept of fireThu Jun 01 1995 09:185
    Are these the same folks who produce the "Free Agent" newsreader that
    runs under Windows/Winsock? As I recall the FA startup screen displays
    a "Fort�" logo. It's a mighty fine product, even at twice the price!
    
      John
870.3I know this company wellMARIN::DODGEMon Jun 05 1995 20:4427
    	Digital signed a joint development and marketing agreement with
    Forte Software Inc. back in July of 1992.  I have been working with the
    company from day one.  I work in central engineering and am assigned
    to the Forte project.  Our group sits in the Forte facility, not a DEC
    site.
    
    	Forte (and DEC) began shipping the product in September of 1994.
    The combined sales of Forte for the first six months (thru March 95)
    were approximately $13M. I would guess that sales for the first full
    fiscal year (April - March) from both DEC and Forte will be around
    $30M to $40M.
    
    	It is a VERY hot company !  There has been a steady parade of
    investment bankers vying to take Forte public.  Goldman Sachs, Morgan
    Stanley, Smith Barney, Alex Brown & Sons to name a few.
    
    	I expect the company will go public in the Summer of 1996.  I
    expect it to be a very hot stock indeed.  The company and product
    are growing very fast, getting great press, and winning sales at lots
    of large companies.
    
    	Forte is an object oriented, client server, development
    environment.  It is sometimes called a 5GL because it is a generation
    (at least) ahead of the common 4GL's.  There is a notes conference
    devoted to Forte on MARIN::FORTE.
    
    Don
870.4Thank youPOBOX::CORSONHigher, and a bit more to the rightFri Jun 16 1995 16:017
    
    	Don, 
    
    	Thanks for the info. Much appreciated. Will Forte' have a "friends
    of the family" list to their investment banker?
    
    		the Greyhawk