Denis Payre And Bernard Liautaud

DENIS PAYRE and BERNARD LIAUTAUD, both 33, are two French entrepreneurs every American venture capitalist would be glad to have discovered. Their Paris-based software company, Business Objects, is No.1 in the fast-growing decision-tools market. It "IPO'd" at 17 1/2 in 1994 and hit a 52-week high of 54 in 1995. Sales and profits boomed with the launch of a sizzling second generation of products.

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