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The Boston Globe from Boston, Massachusetts • 53

Publication:
The Boston Globei
Location:
Boston, Massachusetts
Issue Date:
Page:
53
Extracted Article Text (OCR)

C23 BULLS A Tfl THE BOSTON GLOBE TUESDAY, MAY 16, 20(10 i i a pat on the back just isn't enough, A generous salary increase? A well-deserved promotion? A title commensurate with the work you do? Recognition for excellence and effort? Tuition reimbursement or on-the-job training? Improved benefits package? Someone who takes a personal interest in your career? If you worked at Citizens Bank, you'd be able to answer "yes" to all of the above. Because we're a company that's as committed to our employees as we are to our customers. ,1 l' A It ti ZZW. 1. nsmw.

Current Opportunities I fMq-- A. illtt llliilt)i Branch Managers Asst. Branch Managers Commercial Lenders GLOBt FILE PHOTO Interleaf, under CEO Jaime Eilertson, aggressively pushed Extensible Markup Language, a new way to get data onto the Web. Portfolio Managers Credit Analysts Interleaf decided to plunge into Extensible Markup Language. XML has come to be seen as a far better technology for putting material into Web pages and making it accessible to many different types of devices.

a Vk Send your resume to: (Please reference position when applying). Citizens Bank, Human Resources, 28 State Street, 13th Floor, Boston, MA 02109 FAX: (617) 725-5595 EMAIL: majobscitizensbank.com rial into Web pages and making it accessible to many different types of devices, including wireless phones and Palm Pilots. "We bet the entire company on XML," Eilertson said last year. "We did a bunch of analysis, but it was a guess and we guessed year Interleaf rolled out a product called BladeRunner that converts material written in Microsoft Word to XML, and a second product that sends XML-language data to wireless devices. But while it did dazzling things on the stock-performance list, the company also shows up in a less-desirable neighborhood of The Globe 100 survey: Its 11.9 percent drop in net income during 1999, to a full-year loss of nearly $4.7 million as it poured resources into developing the XML product, landed it at number eight on the list of the 10 worst-performing Bay State companies based on year-to-year percentage change in net income.

PETER J. HOWE Interleaf Inc. eLike the number one per-. former on the stock market bulls list, NetOptix, Interleaf of Waltham made 1999 a dazzling year on Wall Street by carrying off a bold bet on a new direction that has led to the company's acquisition. In January, Web site software company BroadVision Inc.

of Redwood City, announced plans to buy Interleaf, which moved into systems for publishing Web pages, for more than $850 million in stock. By the end of March, Interleaf stock had soared more than 1,300 percent from a year earlier, up from $3.19 to $47 a share. That was the state's third-best stock performance. In the mid-1980s, Interleaf was seen as a hot, promising company in the then brand-new field of desktop publishing, selling services that companies publishing operating manuals or other documents could use to save themselves the cost and hassle of sending printing jobs out WWW. citizensbank.com Don't you deserve Citizens Bank I to a typesetting house.

But by 1997, competition left the company in such bad shape that it faced a stock delisting on the Nasdaq and its shares often traded for less than $1 apiece. Under new chief executive Jaime Eilertson, Interleaf decided to plunge into a technology called Extensible Markup Language. XML has come to be seen as a far better technology for putting mate Not Your Typical Bank Citizens Bank Is an equal opporhmllyafflrmatliv action employer committed to building a ditvrse workforce MFnv PC inn LTU UJ i IS It's hard to find anyone who worries more about oral health than Delta Dental. So who better to trust with your teeth? We are the unequivocal dental benefits leader in Massachusetts with over i 1.8 million members and a 96 satisfaction rating. Our financial strength and stability is second to none.

Plus, for over 30 years, our entire business focus has been on oral health. Teeth are our ft It I. I fgi- Ptf' jf passion; it's all we do in life. To learn more call l-800-DELTA US. And trust in us.

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About The Boston Globe Archive

Pages Available:
4,495,822
Years Available:
1872-2024