Is Lotus In A Better Position?Gary Weiss
Lotus Development has had more than its share of troubles during the past year. The Cambridge (Mass.) company is a leading manufacturer of personal-computer software, notably the best-selling Lotus 1-2-3 spreadsheet, but its franchise has come under a sustained attack from Microsoft and Borland International. Lotus' share of the spreadsheet market is on the wane, and investors have taken the hint: Share prices, which reached as high as $40 in August, have declined almost 50% since then, and the Street remains gloomy.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
- Greenwich Mansion Listings Pulled to Wait for a Better Day
- U.S. Stocks Climb With Treasuries as Dollar Slides: Markets Wrap
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself
- Germans Are Going Wild for a Show Set During the Dawn of the Nazis