Informix CEO's lecture(English)
男人 2007-8-10 男人生殖健康网 http://www.comeonman.cn 专题首页
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IWUC 1998, The New Informix
By Bob Finocchio
President, CEO and Chairman
Ladies and Gentleman,
Good morning!
I feel greatly honoured to have this opportunity here today to introduce a new panorama of Informix to you. I'd like to thank you again for your attendance.
Now I would like to introduce the agenda for my speech. This speech will include three parts, namely, an introduction of the current state of the company, our products and goal for future development as well as some significant announcements in relation to future schedule.
As everyone knows, Informix has got rid of difficulties, and we are pleased to see that the company has been making profit.
Let's first look at the state of the company.
I'd like to give you a brief understanding of our company from the three aspects:
* Financial
Over the past few years, we have achieved great success in relation to our financial position. Various policies were adopted which enabled us to make great profit. These included:
* Restatement and restructuring
* Conservative revenue recognition
* Significant cost reduction without mortgaging the future
* Sufficient liquidity
The above can be clearly illustrated by the following two diagrams:
Diagram 1: From diagram 1 we can clearly see that for the year 1997, the revenue of the company was on the increase and the net income had achieved its surplus in Quarter 4 of 1997 comparatively speaking with the past three quarters of that year.
Diagram 2: Diagram 2 is a comparison between quarter 1 of 1998 and 1997. From the diagram we can see that the revenue for the 1st quarter of 1998 of the company is higher than that of 1997. In addition, the net income for quarter 1 of 1998 had reached a balance while that for 1997 was only a negative.
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