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Too little, too late.

Financial Mail

| April 05, 2002 | COPYRIGHT 2001 Johnnic Communications. (Hide copyright information)Copyright

Old dogs, it seems, simply refuse to lie down and die. Brainware issued a cautionary recently, advising shareholders that management was considering "proposals regarding a possible acquisition of assets, which ... if concluded ... may have an effect on the ruling price of Brainware's securities". A spokesman says the company is "working to enhance shareholder value". Bit late for that isn't it? SA's IT sector is becoming increasingly insignificant, so merchant banks, already under pressure to reduce costs, are getting …

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