Tim Bass
Mon, 07 Jan 2008 14:15:39 +0000
I was looking at some of my favorite CEP companies this morning and noticed that Goldman Sachs analyst Derek Bingham just downgraded vendor TIBCO Software (TIBX) to Sell.
According to*Bingham, here,
� customers will move away from buying more expensive �best-of-breed� offerings, like Tibco��s products, and more toward buying less expensive �good enough� substitutes that are bundled with broader solutions from the likes of IBM, Oracle Corp. and SAP AG.
At the time of this post, TIBCO was down around 5 percent in premarket trading.
