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July 1, 1995 - Microtec Research stock fell 5 5/8 points after the
company reported earnings of 33 cents per share in the quarter ending
June 30, about half what analysts had been predicting.
Jerry Kirk, president of Microtec, said that while there were other
factors contributing to the stock drop, none of them was so influential
as the lack of a PowerPC tool set. "We can literally trace more than a
million dollars in lost business to PowerPC and lack of availability,"
Kirk says. According to stock analyst Paul Bloom, who follows the
company, two contributing but significantly smaller factors are the
delay in completing the full complement of tools for their C++
environment plus being three months behind on networking enhancements
for their operating system.
Green Hills Software beat out Microtec last fall for a contract with
the Motorola Computer Group to resell Green Hills compilers and MULTI
development environment for its 68K and PowerPC based products.
According to Dan O'Dowd, president of Green Hills, "...we had PowerPC
and it worked then, while Microtec was only promising PowerPC".
Excerpted from Embedded & Real-Time Insider, vol. 1, no. 3.
For sales information on Green Hills Software's products, please call 1-805-965-6044 or email inquiries to sales@ghs.com.
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