Middleware Revenues Roar; Profits Whisper
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NEW YORK--Middleware vendors are reporting double and even triple-digit gains in revenue as companies rush to install e-commerce and online trading systems. As fast as dollars come in, however, they are being consumed by charges related to acquisitions, stock compensation and other special items. Some of the companies say they have operating profits, but only one of 10 says its bottom line is written in black ink.
The older middleware vendors have expanded from just tying together corporate
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