Tibco Software Inc.
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By James A. Moore, director and senior analyst, Deutsche Bank Alex Brown
We initiate research coverage of Tibco Software Inc.--a leading provider of end-to-end Internet and enterprise integration solutions--with a strong buy investment rating. We conservatively expect the Company to generate 50 percent revenue growth over the next three to five years as it capitalizes on the opportunities before it. We project sales to accelerate to $82.5 million in FY99 (up 56 percent from FY98) and $123.2
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