Lotus Development will announce new Notes software in the fast-growing market for network programs.

Lotus Development said it was accelerating its cost-cutting plans, resulting in a bigger-than-expected charge.

For employees of Lotus Development, the company's fall from Wall Street grace has been a painful one.

Shares of Lotus Development rose 2, to 20 3/4, in active trading after an announcement that it plans to cut costs aggressively.

Lotus Development agreed to acquire the company that developed its Notes software in a $84 million deal.

Lotus Development's stock tumbled, despite what analysts deemed a strong first-quarter performance by the company.

Lotus Development's stock jumped after a report that the company was talking with AT&T about a possible acquisition.

Powersoft, another software developer, fell 3 to close at 31 1/4, while Lotus Development dropped 2 7/8, to 36.

Novell rose 1 7/8, to 42, in heavy trading, after it broke off merger talks with Lotus Development.

Except for Lotus Development, which was affected by reasons other than the crash, my stock purchases have nearly doubled.