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Technology Stocks : FirstWave Technologies (FSTW)

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To: Mike M who wrote (1177)6/16/1999 11:45:00 PM
From: Shege Dambanza  Read Replies (2) of 9677
 
Don't get too smug hot shot, eventually you have to eat these words, try to keep them in check....

Thanks for the advice, Mike M. You know how much I value your insight and input, so I will give it its due consideration.

Regarding the product feature announcement, I didn't comment when I read it but since you brought it up:
- they're announcing functionality now for availability in 9/99 (assuming they meet the project schedule) but the functionality is already available in competitive products (see for example www.acuity.com). 3 months is a long time in this industry, and let me assure you others are not sitting still
- this is "me-too" functionality, not necessarily a competitive differentiator. You'll notice they didn't really crow about it. In all likelihood they are seeing RFPs that require complete CRM functionality for eCommerce, so they had to announce something.
- unified queueing has been around for a while. If you talk to people who have actually tried it, it doesn't work too well. It takes significantly different skill-sets to interact with customers on the telephone than via the written word. The statement ...Agents in the CIC are more fully utilized... is wishful marketing-speak.
- I would not at all be surprised if they were to announce within the next 3-6 months their plans to incorporate some kind of "live chat" functionality.

A day late and a few bytes short. Anything else you want to know about the announcement?
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