Feeds

Bull's hit by PB-NEC charge – big loss for 99

Wildly underforming on the CAC front too. That's enough toilet jokes - Ed

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Bull will make a loss of 280 million euros for 1999, although the information the company posts on its web site is less than forthright and mentions no such loss, which results from a charge against its stake in Packard Bell NEC. This essentially stopped US operations last November. Q4 revenue took a 6 per cent tumble compared with the year earlier quarter, with revenue for 1999 of 3.8 billion euros, marginally up on 1998. Bull has been criticised in the past for springing bad news on the market. Its performance has been poor compared with the Paris bourse CAC index over the past two years: the CAC has almost doubled, whereas Bull has declined from around 10 euros at the beginning of 1998, briefly peaking at 16 in mid-1998 before plunging to 5 euros last March. Currently Bull's shares are trading at around 7 euros, down 5 per cent on the results. The market cap is a slender 1.24 billion euros. Although the company boasts that most of its sales are outside France, its failure to list on a US exchange cannot help its present position, although a glance at the principal shareholders suggests that this would offend Gallic pride: the French government has 17 per cent of the shares, with similar amounts held by France Telecom (as well as NEC and Motorola). Its product lineup has failed to excite the market, and in services in Europe it has only reached number three in systems integration and number five in customer services. Fredrik Bull, the Norwegian founder, would be disappointed. ®

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.