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Technology Stocks : CNQR - Concur Technologies

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To: Neil H who wrote (147)12/8/1999 10:55:00 AM
From: Lane Hall-Witt   of 374
 
Second PR: Wednesday December 8, 8:19 am Eastern Time

Concur Introduces Breakthrough Global Internet Service For
Business-to-Business eCommerce

biz.yahoo.com

Announces OnePoint Communications as an e-procurement customer. I'm pleasantly surprised that the stock is so strong today, given that CNQR didn't announce a major procurement customer. I figured there would be some disappointment and profit-taking if the Network was announced without a blue-chip customer. The next big challenge for CNQR is to leverage its existing base of installed users (2.1 million seats) and win some more procurement business.
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