The borland's 2005 annual report is out. Interesting reading,
especially when compared and contrasted with the report form last
year:

2004:
http://www.sec.gov/Archives/edgar/data/853273/000119312505060312/d10k.
htm

2005:
http://www.sec.gov/Archives/edgar/data/853273/000119312506096887/d10k.
htm

The 2004 report has license sales numbers for the "Develop" division
for 2002-2004. The 2005 report has total sales numbers for the
proposed "DevCo" (mainly develop) for 2004 and 2005:

"Develop" "DevCo"
2002 154
2003 125
2004 100 133
2005 84

The difference for 2004 must be services rendered by "Develop" and
Interbase, which was moved from "Deploy" to "Develop", probably about
20 & 10.

If we assume that the 33 was also in the pro forma 2002 "DevCo"
sales, the company has shrunk from $187 mln to $84 mln in four years
time, i.e. a 55% decline. Shrinkage from 2004 to 2005 was 37%. That
is an amazing slide.

DevCo needs an exciting roadmap quickly. The current (public) roadmap
for Interbase looks somewhat unexciting, to say the least:
http://bdn.borland.com/article/images/33457/DevConJapanOpeningKeynote.
pdf

Opinions?
(facts & considered opinions, please; no rants)

Paul