Software's Comeback Kid

Just 18 months ago, personal computer pundit Stewart Alsop called for Jim P. Manzi's resignation as chief executive of Lotus Development Corp. In his biweekly PC Letter, Alsop lambasted Manzi for letting Lotus' share of the spreadsheet market slide from 80% to 55%. He also dug into Manzi for losing too many key executives and staking the future of the company on "groupware," a new kind of software for networks. Recently, though, Alsop issued a retraction. "I was wrong," he wrote in a recent issue of InfoWorld. "I'm chewing [my words] as fast as I can."

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