EBAS is FLNK competitor....
ebaseone.com
Check out the DD links at the bottom.
Taking a look at ASP to grow at annual compound rate of 91% im looking for no less than 15-20 from EBAS, its competitor has reached 30.5 today, and for EBAS to be trading at 1/3 of FLNK is amazing. EBAS has yet to get some COMDEX movement, which should start Friday, and all of next week.
EBAS will be hanging with CSCO(sharing booths).
"The two company's alliance revolves around Cisco's Hosted Application Initiative, supported by Cisco's certification of ebaseOne's solution, joint sales and marketing activities. Co-marketing activities will include everything from lead sharing and joint advertising to co-sponsored seminars highlighting customer success stories and joint participation in tradeshows and conferences, such as COMDEX."
The Red Hot ASP industry!
The ASP industry has been compared to the Internet Service Provider (ISP) industry in the early 1990s. Its growth is expected to explode within the next three years. According to International Data Corp., corporate spending on high-end outsourced applications, such as ERP and e-commerce, will grow from an estimated $150.4 million this year to $2 billion by 2003, at a compound annual growth rate of 91%. This represents only high-end applications, and does not take into account the majority of software applications currently used by most businesses. According to the Forrester Research (Nasdaq:FORR - news), the packaged applications outsourcing market will grow to $21 billion by 2001.
The ASP industry is growing so quickly because it solves all of the major financial problems typically associated with high-end software applications. For the first time, even small and midsize businesses will be able to afford almost everything they need to streamline their operations, up to the most complex enterprise-wide software applications on the market. ASP software hosting, also called ``software rental,' allows companies to access applications that are stored on central servers. In the past, companies were forced to purchase one-time software product licenses that were either based on the number of seats or the size of the company. This presented a major problem, especially for small and midsize businesses that have not been able to afford the significant up-front cost required purchasing the software. Companies then had to contract for the necessary professional services to implement those applications, including consulting and training services
GREAT DD
Part 1
ragingbull.com
Part 2
ragingbull.com
Do ur DD!
Shorterm 10-12 Longterm 15-20. |
