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Show wm _ cation Board determined the ap- dese Note: Following arere ahead of customer limit orders and actions egail ‘Censed professionals in Utah. short salerules. ey Su Salt Lake City stock brokerage Olsen Payne a: Co,and its princi- pal, James D. Payne, were censured and fined $16,000 by the Na- i | TheSalt Lake Tribune BUSINESS Sunday, November1, 1998 the division alleges the school used HE PROFESSIONALS estocr tnt uguree fom pracai N tion of Securities A Order O’Brien Schools, a Salt Lake City realestate school, has been ordered to surrenderits certification Gerald Higgs has lost his general real estatite app)raiser license for ap‘the wrong piece of proper- ty for a customer in April 1993 and errors in his re- to operate, effective Jan. 5. The state Division of Real Estate said the schoolwill not be able to apply vealing he had a 1995 shoplifting conviction. A background check 7 A, tion and his license was revoked. License Revocat iser License Revoked Qo useless. ‘Oo Keith R. Bigelow lost his real es- of Real revocation of three real estate sales li_censes for failure to divulge full aainal tate license for failing to disclose a 995 criminal mischief od li container of alcoholin car and license plate and registration viola- i ) _plicants who do notfully aa a4 Brian T. : the influence and operating a vehicle without insurance. tionally li for anothercertification for atleast regarding trade . They consented to ting without admitor denyingtheallegations. The five years. While he no longer will be able to operate the business, the company’s principal, Gary O’Brieg, mayretain his certification to teach real estate courses, the division said. The action stems front courses that ee written supervisory Procedures to ensure compliance with NASD rules regarding trading plaints that the videotaped courses were poorin quality. In addition, = por to establish, maintain FREE AT&T Digital PCS Phone the company’s offering videotaped NASD had contended the broker- First Time Ever Offered In Utah. Quantities Limited. the division said @ OMNISERVE wirRetess www.omniservecellular.com iri) 14% 28% Source. The Standish Group Sean Noyce /The Salt Lake Tibune TenFold Seeks Big Picture in done,”hesaid. The approach appears to be working. rather than a science.” Dave Hofferberth, an analyst with the Boston, Mass.-based Aberdeen Group, said TenFold already has its services as an alternative to existing practices. “It's a unique and innovative company,” he said. “TenFold is different from other companies The problem with such a viewpoint,is that “with it comea lot of ugly cousins,” Kennedysaid. because it has proven its method can work.” Firms’ Software @ Continued from E-1 If writing software is viewed as an artistic endeavor, no one can predict when itwill be finished or how muchit will cost. Testingit to determine whetherit meets specifications also becomes a problem. TenFold’s view that applications development is scientific forms the basis of its products. Kennedy and TenFold founder Jeffrey Walker based theirstrategy for the new company ontheir experience in applications development. Walker, the company’s chairmanand chief technology officer, was general manager of Oracle Corp.’s applications division Kennedy was president of Oracle’s U.S. operations, and was responsible for 60 percent of the da- tabase-software revenues. maker's TenFold’s approach to software development has beensix years in the making. At its core is the Universal Application, patent-pending technology that essentially automates ap- pliéations development and It therefore has an edge on competitors, Hofferberth said. TenFold has soldits services to the insurance, investment-mancations and health-care industries. Customers include United Casualty, Barclays Global Inves tors, Enron, Ameritech and Mercy Health Systems. Two weeks ago, it announced formation of a new business group to focus on ing. It expects to more than double sales to $40 million this year from about $17 million in 1997, Mella ‘The company pairs its technol- ogy with strict methodology that requires customers to decide quickly what they wantthe software to do and to follow TenFold’s development process, Mella said. “Tt takes managers being willing to change the way things are Just what hefty balances deserve. Big, fat interest rates. said. TenFold’s work force has mainder are in Atlanta; Boston; Chicago; Dallas; Foster City, Calif.; Les Angeles; New York City; Raleigh, N.C.; and San Francisco, he said. The companyis expected to go public, butis in no hurry to do so. Mella said TenFold is profitable 90" after just five years in business. It is 80 percent employee- Mark Bolliger, director of systems development for Salt Lake City-based NAI Block, said his company chose TenFold to help it develop software because TenFold is fast. The testing company, a subsidiary of Sylvan Learning Systems, also liked the fact thatit will be able to use TenFold technology to support and enhance its newprogram without writing new codes. Bolliger is working with TenFold to develop software called Intelitest, which draws from a database of questions to automatically assemble exams. Developmentwill take less than customization occurs. 772-6280 grown to 350 employees, 125 of whom work in Draper. The re- gratable modules that can be as- sembled and customized to Salt Lake 257 £3005 GateCemey eThae 474-3607 agement, utilities, telecommuni- owned. Investors Winter Harbor and Indus International each own 10 percent. become any application, he said. Tt enables TenFold to begin projects for customers with complex development problems already solved and common components already built in. Because TenFold applications developers need not start from scratch, they may spend their time defining customers’ requirements and making sure necessary Supprhouse S Hehe Vicaedigtesten 463-7580 that talk about these same things test{ng, Mella said. Universal Application is a ge- neric program made upofinte- 18 LOCATIONS from Logan to Sandy Variasie APY* on BALANCES OF $50,000 ano aove With the KeyBank Treasury Indexed Money Market Account, the higher your balance, the greater your marketbased interest rate. And you can access your money anytime by ATM, by 40% four months. “Tt took quite a bit of convinc- ing for us to do the project this way, but so far we've been pleased,”he said. JARIABLE OF check on a limited basis, or by visiting any KeyCenter. 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