Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: TMFTwitty Big funky green star, 20000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 549  
Subject: Software Going Soft Date: 4/6/2005 2:56 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
http://www.fool.com/News/mft/2005/mft05040609.htm?ref=btp

Software Going Soft
By Tom Taulli
April 6, 2005

Software companies are getting softer and softer for investors. In the past week, we've seen a rash of warnings. Visual Networks (Nasdaq: VNWK) is down approximately 25% to about $2.11, Altiris (Nasdaq: ATRS) is down roughly 20% to the $19 range, and SeeBeyond (Nasdaq: SBYN) is down by about 8% to around $2.95 -- and this all came out yesterday.

What's to blame for the fallout? A big culprit is the never-ending villain, Sarbanes-Oxley (SOX). Congress and President Bush said they wanted to prevent future Enron and WorldCom episodes when the bill became law in 2002. It's possible that SOX has done just that. But one thing is certain: The new law has significantly increased the cost of being a public company...
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement