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Informix Expects to be Profitable By the End of '97, Says Chairman
Informix's chairman Phil White stresses that his company is renewing its commitment to the financial services market. White recently spoke to the issue of the company's whopping first-quarter 1997 loss of $140 million (and a NASDAQ stock price drop to 9 1/32 from a 52-week high of 31 1/8). Informix's current Wall Street problems stem from last year, he says. "Our problem [in 1996] was focus and execution," he says. Informix
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