"That wasn't a possibility I'd considered, but it's an interesting thought. I certainly hear you on the lack of substance behind the April strategy announcement; and as for investor skepticism, a quick look at Yahoo! Finance for PRGS would indicate that the market doesn't think much of it yet … although a longer-term view would indicate that Progress hasn't done too badly: http://achur.ch/Nakjma Of course, so far a long-term view is conspicuous by its absence in this strategy :) If indeed the purpose is a complete wind-down/sell-off, I still think they're going about it the wrong way - “we think these products are no good; please pay us lots of money for them” - is unlikely to achieve full value for the software assets they have. If that is the scenario, then Bhatt & Co obviously see the components as more valuable separately than combined; that to me is a management failure - bad execution from previous incumbents, lack of vision from the current crew. I feel another post coming on …" - Ric Hayman