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tourwilson
(Stranger )
12/23/08 07:45 AM
Mentor Graphics Wasting Your Money Report this article as Inappropriate to us !!!Login to Reply

Did you even wonder why Mentor Graphics license and support cost was so high?  Have you even been to a Mentor Graphics office NOT in the high rent district?


 


Well in these hard times Mentor going one step farther.


 


Even though Mentor is having a hard time meeting their yearly numbers, in January 2009 , Mentor will spend thousands on a big party in San Antonio.  In these times with Mentor's customers cutting costing and laying-off staff, one cannot believe Mentor going to show its customer how much they have been overcharged by have a big alcoholic sales party.  How much does it cost be rent a hotel and fly people to SA from all over the world?


 


What about their conference calls and web options or is that just reserved for customers? 


 


My company is trying to decide between getting a Mentor license and laying-off an engineer or doing without the license and keeping the engineer.


 


I am not mad at Mentor. I am mad at Mentor's decision to have a party instead to giving their loyal customers a break.


 


I wonder how much the cost of licenses could be reduced just by saving the cost of airfare to Texas.


 


Since Mentor is not immune to hard times (I was told they are not meeting the sales goals) why aren't they concerned about spending this money?  Is Mentor's Execs so isolated they do not know this party will be bad for their image?


 





SmoothEDA
(Stranger )
12/23/08 12:01 PM
Re: Mentor Graphics Wasting Your Money new [re: tourwilson]Report this article as Inappropriate to us !!!Login to Reply

Are you serious?


Does your company justify every expense to their customers?  Are you dissatisified with the product or service you are paying for?


And, what does the current state of Mentor's sales have to do with this issue?  Are you willing to pay more in the good times so that they can have these big parties?  'sounds like sour grapes to me.


Instead of whining, vote with you purchase orders.





1960Cadguy
(Stranger )
01/05/09 10:25 AM
Re: Mentor Graphics Wasting Your Money new [re: tourwilson]Report this article as Inappropriate to us !!!Login to Reply

The "party" you mentioned is more than likely the annual Sales Kick-Off meeting that Mentor Graphics has every year.  As a former Mentor employee who has attended these events in the past I can tell you that this is not a frivolous expenditure but is used to coordinate and maximize the sales and marketing efforts for the year. 


The amount of money that Mentor would save by not having the meeting would have a very minor effect on the price of a license if the savings was passed on to the consumer and would not alleviate the choice your company has to make.  The amount of money that Mentor would lose by not having the meeting (and thereby not having the opportunity to coordinate the sales and marketing effort) probably greatly exceeds the cost of having the meeting (I would assume that somebody at Mentor corporate did a cost-benefits analysis).


 





asenath
(Stranger )
11/22/15 02:46 AM
Re: Mentor Graphics Wasting Your Money new [re: 1960Cadguy]Report this article as Inappropriate to us !!!Login to Reply

Sorry I can't give you any insight into their products. I have been a shareholder many times over the last few years and have never seen this as a buy and hold stock. I usually have held for about a year to 18 months. It always worries me a bit when they come out with 5 company news releases in two days, at the end of a quarter (see Yahoo!). In the past, this has not been a good omen. Hope I'm wrong. The price has been depressed. If we have a good earnings report this time.....






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