Lotus chairman Jim Manzi.
LOTUS chairman Jim Manzi on growth trends: "The apparent
growth rate in software sales has been 25% to 50%. The growth is caused
by the conversion to Windows--that is, from character-based
applications to graphical applications. The real growth rate is in the
5% to 12% range. In the next two or three years we will complete that
conversion and settle back into a more realistic growth rate of 5% to
10%, at least in the traditional shrink-wrapped software market."
(Quoted in Windows Magazine, 3/93)