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Aspentech – “Beware of How AZPN Books Software Revenue

Apr 7, 2009

1.0

Aspentech Accounting Manager in Cambridge, MA:   (Current Employee)

Pros

It pays the bills until I get a better job when the economy recovers.

AZPN makes take furloughs without pay which means I can spend more time with my family.

We get free coffee.

I can ride my bike to work in the summer.

We get free bus fare to reduce global warming.

We get free soft drinks.

Cons

Company can not report earnings in a timely manner.

Senior management is clueless about how the oil and gas industry works.

AZPN senior management post messages to Yahoo chat boards on howe great of a company AZPN which contain false information.

The way AZPN books software revenue is like a ponzi scheme.

Our CEO soends too much time at his son's hockey games.

Advice to Senior Management

Focus on Aspen customers instead of Advent who owns over 50% of AZPN shares.

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Aspentech Overview (AZPN )
Web
www.aspentec.com
Industries
Size
$341M+ Revenue
HQ
Burlington, MA
Competitors


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