Byrne Tony Byrne

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A Tale of Two ECM Vendors

28-Jan-2005

Tags: Document Management (ECM), Selecting Technology, Vendor Viability & Financials

FileNet and OpenText also announced strong 4th Quarters. FileNet continued to close big deals from existing customers, but its stock got nicked when its ever-cautious management moderately reduced its guidance for 2005. Acquisition rumors have circled FileNet for years, but the company could be difficult to swallow. Nevertheless, we think a strong balance sheet and heavy emphasis on R&D bodes well for FileNet. Meanwhile, OpenText has attempted to grow through a bevy of perplexing acquisitions. Check out this OpenText conference call where several equity analysts try (and largely fail) to make sense of it all. Meanwhile, as CMS Report readers know, both companies share a lack of enthusiasm for Web content management...

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