Auric Goldfinger's Short List Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Auric Goldfinger's Short List

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RockyBalboa who wrote (2676)	7/19/1999 4:38:00 PM
From: Mad2	Read Replies (1) of 19428

We'll I'll be damned. FSTW is flying. Based on today's rise the Price to cash is 12 price to book is 6 and sales to book is 3. In reality IF IT IS as growing software company it isn't overvalued any more than your standard run of the mill growing software business. biz.yahoo.com If you read carefully you'll realize that this is an announcment that Microsofts "embedded system group" selected this companies CRM software for theirown use. Big deal so they got a high profile customer. It does have all the buzz words such as web enabled yada yada yada. I would have a tendency to judge their future based on their past performance. This feild of CRM software can be very service intensive and I would think the key to selling it is partnerships with VAR's who can assist customers in implimentation. While FSTW will get some PR mileage out of this the key to selling this type of software is having strong VAR's who have good relationships in corporate IT departments. C, I would guess FSTW will settle back to earth when the day traders realize Microsoft won't be selling 50 mil ccopies of FSTW's software. Best Regards, Mad2

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next