Intraware Inc.laut EMI strong buy - 500 Beiträge pro Seite

[Schmitt A.]

Habe mir nach Bodenbildung diesen wert ins Depot gelegt-
spekulativ
was haltet ihr davon???

[Schef]

Welche Bodenbildung ????

Die Rally ist noch nicht zu Ende !!!

[genya]

ITRA nur für ganz kurze Trades geeignet. Der nächste Pleitekandidat noch in diesem Sommer.

[erfg]

Company Press Release
SOURCE: Intraware, Inc.
Intraware`s IT E-Marketplace Continues to Build Customer Loyalty And Satisfaction
Dot.coms, ASPs and Traditional Brick and Mortars Turn to Intraware for Their Long-Term IT Needs
ORINDA, Calif., May 23 /PRNewswire/ -- Intraware, Inc. (Nasdaq: ITRA - news), the leading IT e-marketplace for web-based software and services, today announced that Intraware continues to gain momentum as the key resource IT professionals turn to when they need to take control of their technology. Intraware provides IT managers with end-to-end web-based solutions that manage the complete lifecycle and enable businesses to compete more effectively in e-commerce as well as in traditional business. Of Intraware`s more than 7,000 corporate customers, over 50 percent are Fortune 1000 companies.

``With over 200,000 members and over 7,000 corporate customers, Intraware is building vital momentum in becoming the IT e-marketplace IT professionals turn to when they need to take control of their technology,`` said Cindy Mascheroni, Senior VP of Customer Services at Intraware. ``Not only are we committed to providing our customers with top notch quality of service but also to serve as their standard for software delivery, deployment and management.``

Brick and Mortars Seize the Advantage with Intraware Delivery and Intraware Compariscope

Many leading brick and mortar companies have been reaping the benefits of Intraware`s IT e-marketplace for years. Key tools for building their customer loyalty include Intraware Delivery, which provides electronic software delivery and management of software and updates, and Intraware Compariscope, an interactive evaluation tool for customized software analysis.

For almost three years, the Phoenix Group, a division of the Moore Corporation, a global, full service database marketing company, has utilized the ease and convenience of Intraware`s IT e-marketplace: ``The email notifications from Intraware Delivery are so simple,`` comments Andrew Dinsdale, Internet Manager for the Phoenix Group. He adds, ``An email arrives from Intraware Delivery giving me the link where I can pick up my update. Everything I need is right there in my inbox -- I don`t have to look all over the place to find the link. I think that kind of convenience is invaluable.``

For over 2 years, Blue Cross/Blue Shield of Michigan, a unit of one of the nation`s top health insurance associations, saves time with Intraware. Says Howard Handelman, Technical Consultant, ``I can do a lot more effective research in an hour on Intraware Compariscope than I can without it.``

For over a year, SuperValu, the country`s leading wholesaler of groceries, has relied on Intraware to save time. ``Traditionally, the process of getting a software update has involved getting in contact with the vendor and then waiting for a CD to be shipped, all of which can take days,`` remarks Jim Bootz, Senior Technical Analyst, at SuperValu, ``Intraware Delivery completely eliminates these kinds of delays. I`ve saved anywhere from days to a week on software maintenance with Intraware Delivery.``

``From an IT perspective, it`s crucial to be notified whenever there are updates that could concern mission critical applications. I know I can go to Intraware`s site and get that information very quickly,`` says Craig Janssen, Information Technology Advisor for DRS Optronics, a business unit of DRS Technologies, a leading supplier of defense electronic systems for government and commercial markets worldwide.

Intraware`s Research and Evaluation Services Enable Dot.Coms Faster Time To Market

Many dot.coms and ASPs have found the value-added services available at Intraware`s IT e-marketplace to be vitally important in helping them conduct the software research and evaluation they need in order to speed their time to market.

For a year, Michael Lenart, CTO of ShopLink.com, a leading online provider of groceries, household consumables and services, has used Intraware to save more than two-thirds the time of a normal evaluation cycle: ``In today`s economy, every dot.com is trying to outdo the next, delivering products to the market by a certain deadline. One of the biggest reasons I use Intraware is because I reduced what is normally a three month evaluation cycle for Web servers or personalization software to two to three weeks. It all goes to the competitive advantage of ShopLink.com and what we can deliver in time-to-market.``

Vice President of Technology, Rick Diaz, of GoCampus, an ASP that helps build online communities for academic institutions and their students, alumni and faculty, also praises Intraware Compariscope as an invaluable resource: ``When I use Intraware Compariscope, I can ascertain exactly what kind of technology I`m up against and am able to talk about it in a very educated fashion within 15 minutes. I like to think of Intraware Compariscope as the ace I have up my sleeve.``

For a year, Lou Rubbo, Director of Professional Services at Navidec, a leading-edge Internet development, applications, management and consulting company, has relied on Intraware`s research and evaluation services to provide him with important competitive advantage: ``Our use of Intraware`s services gives Navidec a competitive advantage over other companies in our space and validates us as an e-business integrator. Intraware continually adds more value to its IT e-marketplace, from Intraware Product Directory to the technical library, providing specific value to my organization.``

About Intraware

Intraware, Inc. is the leading IT e-marketplace for web-based software and services. Intraware`s services allow IT professionals to control the business software life cycle online -- from research and evaluation, through purchase, training, and deployment, to updates and management. The company provides objective technical research; in-depth software analysis; an extensive selection of software, training, and resources; and a comprehensive software delivery, update, and management system.

Intraware`s unique spectrum of innovative Internet-based services has attracted strategic relationships with industry-leading vendors including Allaire Corporation, Bluestone Software, Inc., Computer Associates International, Inc., Commerce One, Inc., Hewlett-Packard Company, Informix Corporation, Infoseek, Interwoven, Inc., Macromedia, Inc., Microsoft, Novell, Inc., PeopleSoft, Inc., Sun-Netscape Alliance, Sybase, Inc. and Vignette Corporation. Intraware is a publicly held company with headquarters located at 25 Orinda Way, Orinda, California 94563. Phone: [phone]; Fax: [phone]; http://www.intraware.com .

NOTE: Intraware NetInsights, Intraware IT Knowledge Center, Intraware Compariscope, Intraware Radarscope, Intraware Shop and Intraware SubscribNet are among the service marks and trademarks of Intraware, Inc. All other company names, product names, service marks and trademarks mentioned herein are trademarks of their respective owners.

Gruß Gerd

[erfg]

Intraware announcement expected
Linking up with Kana, Net Perceptions, RSW Software


By Janet Haney, CBS MarketWatch
Last Update: 5:41 PM ET Jun 3, 2000 NewsWatch

ORINDA, Calif. (CBS.MW) -- Intraware is expected to announce Monday that Kana Communications, Net Perceptions and RSW Software have chosen the Orinda, Calif, company as their first online channel.


As part of the anticipated announcement, Intraware will have reseller rights and its customers will have access to an expanded realm of offerings via its IT e-marketplace. The company was unable to be reached for comment Saturday.

Intraware`s (ITRA: news, msgs) Web site offers services for the information technology industry and software vendors. Its stock jumped 9 percent to 15 1/8 Friday.

Net Perceptions (NETP: news, msgs) makes filtering database software, and Kana Communications (KANA: news, msgs) develops software so businesses can manage their customer e-mail.

Gruß Gerd

[erfg]

Intraware To Sell Oracle Products
Sat Jun 03 00:25:00 EDT 2000

Jun. 02, 2000 (InformationWeek - CMP via COMTEX) --

Businesses that use Oracle`s database management system now have a new place to buy and download Oracle`s
flagship product online. Oracle has agreed to let Intraware Inc. sell,
configure, deploy, and update Oracle`s database and patches online. The deal
gives Intraware`s online marketplace for Web-based software and services a boost
from a high-profile software developer.

Oracle has its own electronic channel for product distribution, but the
agreement signals that the demand for this type of distribution is greater than
the developer can manage on its own, says Carol Baroudi, director of E-business
strategies with Hurwitz Group. Intraware`s site provides information about the
products as well as online training and support.

The relationship between Oracle and Intraware puts two of ShopLink.com Inc.`s
technology partners on the same page, says Michael Lenart, chief technology
officer for the Westwood, Mass., online provider of groceries and home concierge
services. A year ago, ShopLink.com purchased Oracle software such as Reports
Server, Forms Server, Order Management System, and 8i Enterprise Edition
directly from Oracle. Now, Lenart says, Intraware`s model makes patches and
upgrades for these products more accessible. Adds Lenart, "Intraware will also
help me keep up-to-date with Oracle software patches through its E-mail update
service."

http://www.iweek.com/

Also von Pleitekandidat kann wohl keine Rede sein, vielmehr haben die, die bei 11$ gekauft haben ein unglaubliches Schnäppchen gemacht!
Herzlichen Glückwunsch Schmitt A. Ich hoffe Du hast Dich nicht nervös machen lassen!?

Gruß Gerd

[erfg]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[38er-Fibonacci]

Da will einer 7.200 Stück haben für 23,50€ auf XETRA!

[erfg]

Intraware acquires Janus Technologies for $24M
June 12, 2000
by Adam Feuerstein

Intraware (ITRA) has agreed to acquire Janus Technologies for $24.3 million in stock to expand its software management services, the company said today.

Janus sells tools and services that help companies better manage their IT assets, including budgeting, forecasting, software license compliance and management of leasing, contracts and vendors. Customers include Chase Manhattan Bank (CMB) and American Home Products (AHP).


Intraware runs an Internet marketplace for business software, allowing companies to research, evaluate and purchase software, then update and manage the use of that software over the Net. Customers include Commerce One (CMRC) and PeopleSoft (PSFT).


The company intends to create a Web-hosted version of Janus` IT asset management software applications once the acquisition closes at the end of August.


Intraware was up 38 cents, to $16.50, in early trading today.


Gruß Gerd

[erfg]

Intraware CEO Peter Jackson Named Finalist in Ernst & Young Entrepreneur Of the Year 2000 Awards
Intraware Selected in `E-Services and Software` Category With CommerceOne, Ariba and Ventro Corporation
ORINDA, Calif., June 20 /PRNewswire/ -- Intraware, Inc., (Nasdaq: ITRA - news) the leading IT e-marketplace for web-based software and services, announced today that its president and CEO, Peter Jackson, has been named a finalist for the Northern California 2000 Ernst & Young Entrepreneur of the Year Award. Mr. Jackson has been nominated in the ``E-Software & Services`` category. This newly created category recognizes companies that develop software or provide an Internet based service that facilitates conducting business on the Internet, and provides knowledge transfer or supports a community with portal type service.

``It is a tremendous honor to be nominated by the Ernst & Young Entrepreneur of the Year Award judges,`` said Peter Jackson, president and CEO of Intraware. ``Nominees for this award are some of the most visionary and determined business leaders in the world, and I`m very pleased and gratified to be counted among them. I don`t believe I would have been nominated if it weren`t for the outstanding dedication and hard work of my colleagues. Together, we have established Intraware as a cutting-edge business-to-business ecommerce resource for IT professionals.``

For the year 2000 awards, Ernst & Young has added e-categories that include ``E-Tailing,`` ``E-Business-to-Business,`` ``E-Products & Services,`` and ``E-Software and Services.`` The new categories honor businesses that are thriving in the new economic environment created by the Internet. Other nominees in the E-Business category are Keith Krach, the CEO of Ariba, Inc., Mark Hoffman, the CEO of Commerce One, Inc., and David Perry, the CEO of Ventro Corporation.

Prominent within their respective fields, judges for the Ernst & Young Entrepreneur of the Year Awards include community business and civic leaders, academicians, media figures, and prior Entrepreneur of the Year award winners. This year`s judges are Ellen Lapham, Innovation Ventures; Jeanette Garretty, Bank of America Private Bank; Mitchell Perry, JM Perry Corporation; Barry Posner, Santa Clara University; David Schnell, Prospect Venture Partners; William A. Millichap, Marcus & Millichap; Hank Barry, Hummer Winblad Venture Partners; Bob Todd, Red Rock Ventures; and Brian Atwood with Versant Ventures.

The 2000 Northern Californian awards banquet will be held at the Ritz-Carlton San Francisco on June 23 at 6 p.m. Terry Lowry, host of Silicon Valley Profiles for KICU-TV, will serve as mistress of ceremonies. All regional award recipients will go on to compete in one of several national Entrepreneur of the Year categories.

Designed to celebrate accomplishments of the world`s great entrepreneurs, the Entrepreneur of the Year award has traditionally highlighted the outstanding benefits entrepreneurs provide to society. A ``Who`s Who`` of business leaders, the roster of past winners includes Michael Dell of Dell Computer Corporation, Steve Case of America Online, and Howard Shultz of Starbucks Coffee.

The award is founded and produced by Ernst & Young LLP and nationally co-sponsored by USA Today, CNNfn and CNN, Nasdaq, and the Ewing Marion Kauffman Foundation. Regional co-sponsors are Citibank, San Francisco Business Times, Sprint, Mediaworks, Inc., Bowne, Curran & Connors, Prudential Volpe Technology Group, and Marsh.

Gruß Gerd

[Addidaxx]

Dass hier immer noch die deutsche und die amerikanische Intraware, die nichts miteinander zu tun haben, durcheinanderdiskutiert werden, ist mir unbegreiflich.

[Elateblue]

Ich habe eine Bitte!
Könnt Ihr einfach mal ein paar Zahlen zu Intraware Inc. posten?
Das wäre mir sehr hilfreich.

Danke

Cu
Elateblue

[erfg]

May 26, 2000

INTRAWARE INC (ITRA)
Annual Report (SEC form 10-K)
MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS


THE FOLLOWING DISCUSSION OF OUR FINANCIAL CONDITION AND RESULTS OF

OPERATIONS SHOULD BE READ IN CONJUNCTION WITH OUR FINANCIAL STATEMENTS AND

RELATED NOTES. THIS DISCUSSION CONTAINS FORWARD-LOOKING STATEMENTS THAT INVOLVE

RISKS AND UNCERTAINTIES. FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS REGARDING

THE EXTENT AND TIMING OF FUTURE REVENUES AND EXPENSES AND CUSTOMER DEMAND,

STATEMENTS REGARDING THE DEPLOYMENT OF OUR PRODUCTS, AND STATEMENTS REGARDING

OUR RELIANCE ON THIRD PARTIES. ALL FORWARD-LOOKING STATEMENTS INCLUDED IN THIS

DOCUMENT ARE BASED ON INFORMATION AVAILABLE TO US AS OF THE DATE HEREOF, AND WE

ASSUME NO OBLIGATION TO UPDATE ANY SUCH FORWARD-LOOKING STATEMENT. OUR ACTUAL

RESULTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN THESE FORWARD-LOOKING

STATEMENTS AS A RESULT OF CERTAIN FACTORS, INCLUDING BUT NOT LIMITED TO, THOSE

DISCUSSED IN "RISK FACTORS" IN ITEM 1 ABOVE AND ELSEWHERE IN THIS ANNUAL REPORT

ON FORM 10-K.



INTRAWARE OVERVIEW


Intraware, Inc. was incorporated in Delaware on August 14, 1996. We are the leading e-marketplace for web-based software and services targeted to IT professionals. Our services allow IT professionals to control the business software life cycle from their web browsersstarting with research and evaluation, through purchase, training, and deployment, to updates and management. We provide objective technical research; in-depth software analysis; an extensive selection of software, training, and resources; and a comprehensive software delivery, update, and management system.

Software product sales revenue results from the sale of third party software products to customers and is recognized when there is evidence of an arrangement for a fixed and determinable fee that is probable of collection and the software is available for customer download through our Web site. Software maintenance revenue results from the sale of third-party software maintenance agreements and is recognized ratably over the service period.

Online services and technology revenue results primarily from software maintenance outsourcing arrangements with third-party software vendors delivered through INTRAWARE DELIVERY (formerly SUBSCRIBNET) and from various fee-based subscription research and evaluation services that we offer. Such revenues are generally recognized ratably over the service period. Primarily as a result of the acquisition of Internet Image, a portion of these revenues is generated from other sources, including the sale of licenses for our proprietary software. We have therefore renamed this line item to reflect the varying nature of these revenue streams.

We have a limited operating history upon which investors may evaluate our business and prospects. Since inception, we have incurred significant losses, and, as of February 29, 2000, had an accumulated deficit of approximately $49.3 million. We intend to expend significant financial and management resources on the development of additional services, sales and marketing, technology and operations to support larger-scale operations and greater service offerings. As a result, we expect to incur additional losses and continued negative cash flow from operations for the foreseeable future. Such losses are anticipated to increase significantly from current levels. There can be no assurance that our sales will increase or continue at their current level. There also can be no assurances that we will achieve or maintain profitability or generate cash from operations in future periods. Our future must be considered in light of the risks frequently encountered by companies in their early stage of development, particularly companies in new and rapidly evolving markets such as e-commerce. To address these risks, we must, among other things, maintain existing and develop new relationships with software publishers, continue to improve existing and develop new services, implement and successfully execute our business and marketing strategy, continue to develop and upgrade our technology and transaction-processing systems, provide superior customer service, respond to competitive developments and attract, retain and motivate qualified personnel. There can be no assurance that we will be successful in addressing such risks and the failure to do so would have a material adverse effect on our business, financial condition and results of operations. Our

current and future expense levels are based largely on our planned operations and estimates of future sales. Sales and operating results generally depend on the volume and timing of orders received, which are difficult to forecast. We may be unable to adjust spending in a timely manner to compensate for any unexpected revenue shortfall. Accordingly, any significant shortfall in sales would have an immediate adverse effect on our business, financial condition and results of operations. In view of the rapidly evolving nature of our business and our limited operating history, we are unable to accurately forecast our sales and believe that period-to-period comparisons of our operating results are not necessarily meaningful and should not be relied upon as an indication of future performance.


RESULTS OF OPERATIONS



TOTAL REVENUE


Revenue increased to $96.9 million for the year ended February 29, 2000 from $38.6 million for the year ended February 28, 1999, and $10.4 million for the year ended February 28, 1998. In addition, for the year ended February 29, 2000, product revenue accounted for $84.5 million or 87.2% of revenue, while online service and technology revenue accounted for $12.4 million or 12.8% of revenue.

Revenue growth was due to our expanding vendor base, experienced sales force and increasing customer demand for products and services.


COST OF NET REVENUES


Total cost of net revenues increased to $74.4 million for the year ended February 29, 2000 from $30.5 million for the year ended February 28, 1999 and $8.4 for the year ended February 28, 1998. This increase in total cost of net revenues was primarily attributable to increases in the volume of third-party software and maintenance products that we sold.

Our gross margin increased to 23.2% for the year ended February 29, 2000 from 21.0% for the year ended February 28, 1999 and 20% for the year ended February 28, 1998.

Costs of revenue primarily consist of the cost of third-party products sold, content development and acquisition, internet connectivity and allocated overhead charges. We purchase third-party products at a discount to the third-party`s established list prices according to standard reseller terms. The increase in the cost of revenue dollars was primarily due to higher product and service sales. The margin percentage increase primarily reflects increased online services and technology sales.


SALES AND MARKETING EXPENSES


For the year ended February 29, 2000, sales and marketing expenses were $30.2 million or 31.1% of net revenue, an increase from $14.7 million or 38.0% of net revenue for the year ended February 28, 1999, and $4.2 million or 40.4% of net revenue for the year ended February 28, 1998.

Sales and marketing expenses consist primarily of employee salaries, benefits and commissions, advertising, promotional materials and trade show exhibit expenses. The increase is primarily the result of additional focused advertising and marketing expenditures as well as the addition of personnel and external sales offices throughout the United States and Europe. We plan to make significant investments in sales and marketing, to expand the direct sales force, increase marketing expenditures, and continue to develop strategic relationships to drive traffic to our web-site and generate leads for products and services. The previous sentence is a forward-looking statement and actual results could differ materially from those anticipated.


PRODUCT DEVELOPMENT EXPENSES


For the year ended February 29, 2000, product development expenses were $8.8 million or 9.1% of net revenue, an increase from $3.3 million or 8.5% of net revenue for the year ended February 28, 1999, and $2.1 million or 20.2% of net revenue for the year ended February 28, 1998.

Product development expenses primarily consist of personnel, consulting and equipment depreciation expenses. Costs related to research, design and development of products and services have also been charged to product development expense as incurred. The increase was primarily due to an increase in the number of product development personnel employed to support expansion of the eServices online service offerings. We believe significant investments in product development and technological infrastructure are essential to our future success and expect that the amount of product development expense will increase in future periods. The previous sentence is a forward-looking statement and actual results could differ materially from those anticipated.


GENERAL AND ADMINISTRATIVE EXPENSES


For the year ended February 29, 2000, general and administrative expenses were $8.4 million or 8.7% of net revenue, an increase from $3.3 million or 8.7% of net revenue for the year ended February 28, 1999, and $1.7 million or 16.7% of net revenue for the year ended February 28, 1998.

General and administrative expenses consist primarily of compensation for administrative and executive personnel, facility costs and fees for professional services. The increase is primarily due to the use of outside professional consulting services, including the ongoing implementation of sales force automation and accounting software packages. In addition, we required increased expenditures in accounting and legal functions for strategic partnering arrangements and for compliance with reporting obligations as a public company. Management expects general and administrative expense to increase in future periods. The previous sentence is a forward-looking statement and actual results could differ materially from those anticipated.


STOCK-BASED COMPENSATION


For the year ended February 29, 2000, stock-based compensation expenses were $3.3 million or 3.4% of net rion expenses were $3.3 million or 3.4% of net revenue, an increase from $1.9 million or 4.9% of net revenue for the year ended February 28, 1999, and $67,000 or 0.6% of net revenue for the year ended February 28, 1998.

Stock compensation expense is an ongoing charge through August 2002 that is related to employee stock options granted while we were not a public company. See Note 9 of Notes to Financial Statements.


AMORTIZATION OF INTANGIBLES


For the year ended February 29, 2000, merger and acquisition related costs including amortization of intangibles were $2.5 million or 2.5% of net revenue. There were no merger and acquisition related costs including amortization of intangibles for the years ended February 28, 1999 and 1998.

Merger and acquisition related costs including amortization of intangibles is a charge related to our acquisitions of BITSource, Inc. and Internet Image, Inc. This expense is an ongoing charge through September 2004.


INTEREST EXPENSE


For the year ended February 29, 2000, interest expenses were $118,000 or 0.1% of net revenue, a decrease from $198,000 or 0.5% of net revenue for the year ended February 28, 1999, and $103,000 or 1.0% of net revenue for the year ended February 28, 1998.

Interest expense relates to obligations under capital leases and borrowings under a bank line. The decrease in interest expense is primarily the result of funds received in our initial public offering and the purchase of Internet Image, Inc., which was accounted for as a pooling-of-interests.


INTEREST AND OTHER INCOME, NET


For the year ended February 29, 2000, interest and other income, net were $2.8 million or 2.9% of net revenue, an increase from $246,000 or 0.6% of net revenue for the year ended February 28, 1999, and $123,000 or 1.2% of net revenue for the year ended February 28, 1998.

The increase in interest income is primarily the result of funds received in our initial public offering.


INCOME TAXES


From inception through February 29, 2000, we incurred net losses for federal and state tax purposes and have not recognized any tax provision or benefit. As of February 28, 2000, Intraware had approximately $42 million of federal and $26 million of state net operating loss carryforwards available to offset future taxable income which expire in varying amounts between 2005 and 2012. Given our limited operating history, losses incurred to date and the difficulty in accurately forecasting our future results, management does not believe that the realization of the related deferred income tax asset meets the criteria required by generally accepted accounting principles. Accordingly, we have recorded a 100% valuation allowance. Furthermore, as a result of changes in our equity ownership from our convertible preferred stock financing and our initial public offering, utilization of the net operating losses and tax credits is subject to substantial annual limitations. This is due to the ownership change limitations provided by the Internal Revenue Code of 1986, as amended, and similar state provisions. The annual limitation may result in the expiration of net operating losses and tax credits before utilization. See Note 4 of Notes to Financial Statements.


LIQUIDITY AND CAPITAL RESOURCES


We have satisfied our current cash requirements through the initial public offering, which was effective on February 25, 1999. As of February 29, 2000, we had approximately $16.0 million of cash and cash equivalents and $30.9 million in short and long-term marketable securities. Our principal commitments consist of obligations outstanding under bank credit lines, capital and operating leases, accounts payable and accrued expenses. Although we have no material commitments for capital expenditures, we anticipate an increase in the rate of capital expenditures consistent with our anticipated growth in operations, infrastructure and personnel.

Our future liquidity and capital requirements will depend upon numerous factors. The pace of expansion of our operations will affect these requirements. We may also have increased capital requirements in order to respond to competitive pressures. Also, we may need additional capital to fund acquisitions of complementary businesses and technologies. Our forecast of the period of time through which our financial resources will be adequate to support our operations is a forward-looking statement that involves risks and uncertainties. Actual results could vary materially as a result of the factors described above. If additional capital resources are required, we may seek to sell additional equity, debt securities or increase our bank line of credit. The sale of additional equity or convertible debt securities could result in additional dilution to our stockholders. There can be no assurance that any financing arrangements will be available in amounts or on terms acceptable to us.


RECENT ACCOUNTING PRONOUNCEMENTS


In June 1999, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 137, "Accounting for Derivative Instruments and Hedging ActivitiesDeferral of the Effective Date of FASB Statement No. 133an amendment of FASB Statement 133" ("SFAS 137"). SFAS

137 defers for one year the application of Statement of Financial Accounting Standards No. 133, "Accounting for Derivative Instruments and Hedging Activities," which establishes accounting and reporting standards of derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities. The adoption of Statement of Financial Accounting Standards No. 133 is not expected to have an impact on our results of operations, financial position or cash flows.

In December 1999, the Securities and Exchange Commission ("SEC") issued Staff Accounting Bulletin ("SAB") No. 101, "Revenue Recognition in Financial Statements," which provides guidance on the recognition, presentation, and disclosure of revenue in financial statements filed with the SEC. SAB No. 101 outlines the basic criteria that must be met to recognize revenue and provides guidance for disclosures related to revenue recognition policies. We adopted SAB No. 101 during the year ended February 29, 2000.


ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK


At the end of fiscal year 2000, we had cash and cash equivalents of $16.0 million, short term investments of $11.0 million and long term investments of $19.8 million. We have not used derivative financial instruments in our investment portfolio during fiscal 2000. We place our investments with high quality issuers, by policy, in an effort to limit the amount of credit exposure to any one issue or issuer.

The Company`s exposure to market risk for changes in interest rates relate primarily to the Company`s investment portfolio. The Company has not used derivative financial instruments in its investment portfolio. The Company places its investments with high quality issuers and, by policy, limits the amount of credit exposure to any one issue or issuer. At February 29, 2000 $16.0 million of the Company`s cash, cash equivalents and investment portfolio carried maturity dates of less than 90 days, $11.0 million carried maturity dates of 90 days or more but less than one year and $19.8 million carried maturity dates of more than one year. The effect of changes in interest rates of 10% over a six-month horizon would not have a material effect on the fair market value of the portfolio.


ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA


The information required by this item is incorporated by reference to the Financial Statements set forth on pages F-1 through F-21 hereof.


ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND

FINANCIAL DISCLOSURE.


Gruß Gerd

[runzelbär]

Hallo erfg,

vielen Dank für Deine Lektion "Wirtschaftsenglisch für Fortgeschrittene".

Vielleich erfreust Du damit demnächst auch die Leute, die´s interessiert,
nämlich die Intraware Ins."shareholder" und nicht die Intraware-Aktionäre.

Hier geht es um die WPK 510450!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Trotzdem Dank und Gruß

runzelbär,

[runzelbär]

Sorry, heißt natürlich Intraware Inc. Bei der Lehrstunde hatte ich wohl gefehlt!

[erfg]

Hallo Runzelbär,

soweit ich das verstehe, bezieht sich der erste Beitrag von A. Schmitt eindeutig auf die an der Nasdaq gehandelten Intraware Inc. (Nasdaq-Kürzel ITRA) WPK 919292 und auch alle folgenden Beiträge, bis auf einen, wo jemand feststellt das einer im XETRA-Handel 7000 Stck haben möchte.
Ich weiß nicht wo hier das Problem liegt?
Leider gibt es kaum oder gar keine Informationen in deutscher Sprache, sodass man leider auf englische Texte angewiesen ist.

Gruß Gerd

[runzelbär]

Sorry,

Du hast Recht. War mein Fehler. Nehme alles zurück und behaupte das Gegenteil...

Tschüß