Steve,

The company has $335M in cash and short-term investments and burns $34M in cash per 
quarter. 
Consequently, the company has enough cash for 9.85 quarters or 2.46 years at current 
burn rate.
They have been cleaning up their balance sheet over the last year with some major 
right offs. Who
knows what will happen but it sure is interesting sitting on the sideline and watch. 

--- Steve Drucker <[EMAIL PROTECTED]> wrote:
> Well, according to Yahoo (http://biz.yahoo.com/fin/l/v/vign.html), Vignette
> may have around 270 mil in assets, but they've also got a solid burn rate
> too...about 20 mil per quarter.  Ouch!
> 
> Regards,
> Steve Drucker
> CEO
> Fig Leaf Software
> www.figleaf.com
> 1-877-FIG-LEAF
> 
> 
> -----Original Message-----
> From: Tony Nguyen [mailto:[EMAIL PROTECTED]] 
> Sent: Monday, February 17, 2003 12:49 PM
> To: 'John Downs '
> Cc: '[EMAIL PROTECTED]'
> Subject: RE: [cms-list] Divine?
> 
> I don't think Interwoven has the money.  But Vignette has $300 millions in
> the bank... 
> 
> -----Original Message-----
> From: John Downs
> To: Todd Warfel; [EMAIL PROTECTED]; kwasetis; Steve Drucker;
> [EMAIL PROTECTED]
> Sent: 2/17/2003 11:32 AM
> Subject: Re: [cms-list] Divine?
> 
> How about Vignette or Interwoven buying them for the customer base and
> maintenance contracts?
> 
> --- Todd Warfel <[EMAIL PROTECTED]> wrote:
> > Maybe Oracle...
> > 
> > On 2/15/03 4:03 PM, "John Downs" <[EMAIL PROTECTED]> wrote:
> > 
> > > Could be. But the obvious buyers already have either bought
> solutions or
> > > developed their own such
> > > as MS, IBM, Filenet and Documentum.  Maybe someone in the ERP space
> due to
> > > divine's
> > > interoperability. But most ERP say they do this anyway. Your guess
> is good as
> > > mine. Should be
> > > interesting to watch.
> > > 
> > > Cheers John
> > 
> > 
> > Cheers!
> > 
> > Todd R. Warfel
> > 
> > _//message first [method second]
> > .--.==.--.==.--.==.--.==.--.==.--.==.--.
> > _//user experience architect
> > Information architecture
> > Interaction design
> > Usability analysis
> > [P] (607) 339-9640
> > [E]  [EMAIL PROTECTED]
> > [w] http://www.messagefirst.com
> > .--.==.--.==.--.==.--.==.--.==.--.==.--.
> > 
> > In theory, theory and practice are the same,
> > but in practice, they're not -- anonymous
> > 
> > 
> > --
> > http://cms-list.org/
> > more signal, less noise.
> > 
> > 
> > 
> > 
> 
> 
> =====
> John Downs
> Strategic Clarity, Inc.
> 303-748-5851
> [EMAIL PROTECTED]
> --
> http://cms-list.org/
> more signal, less noise.
> --
> http://cms-list.org/
> more signal, less noise.
> --
> http://cms-list.org/
> more signal, less noise.


=====
John Downs
Strategic Clarity, Inc.
303-748-5851
[EMAIL PROTECTED]
--
http://cms-list.org/
more signal, less noise.

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