Greetings, board. I too feel TIBX is relatively undiscovered. This stock has the potential to be HUGE. This briefing.com summary was posted on Yahoo:
3/15/00 10:20 ET ******
Tibco Software (TIBX) 130 -1 3/8: Get on board, the Tibco train is leaving the station. Tibco
announced yet another deal today, having
just implemented a Web-based interactive portal for telecom company RSL Communications.
Tibco is part of the Reuters (RTRSY)
group of technology companies that we told you about last week. Although not part of the
Reuters Greenhouse Fund, Reuters did take
Tibco public last July as part of the information vendor and transactional services firm's strategy
of repositioning itself in investor eyes as a
major Internet growth play. TIBX shot up nearly 20% last week following Thursday's release of
Q1 preliminary results. Revenues soared
125% to $41 mil, but more importantly sales through licencing agreements accounted for 68% of
revenues vs 54% Q1 '99. Liscencing
agreements are the fastest way to ramp growth and spread acceptance of Tibco technology as
the standard for B2B network connectivity.
Tibco is truly a venerable player in the network software field, having been the principal player
solving the vexing problem of connecting
Wall Street's myriad incompatable networks in the 1980s. But now Tibco is really coming into its
own as a leading B2B infrastructure
player. Before the Internet, Tibco was seen by Reuters as an in-house technology unit that
supported sales of its information and
transaction products. Now that the "Netexchange" is arguably the hottest business concept
around, the prospects for Tibco are
astronomical. What's even more intriguing is that Tibco is teaming up with some heavy duty
partners in forming an investment fund that will
target other B2B infrastructure plays. Partners include its former parent Reuters, Cisco(CSCO),
Anderson Consulting ,and Kleiner
Perkins. Earlier this month, Tibco announced the first investment in the fund, a $4 mln funding of
Webex. Webex's techology supports the
"real-time" element of the information flow on B2B networks, something Tibco has recognized as
an absolutely crtical element in the
Netexchange equation. Looking at a TIBX chart is like looking at a stairway to investor heaven:
straight up. TIBX went public around $10
a share (split-adjusted) and recently hit $160. The stock is up 160% in the last 30 days alone.
You'd think that TIBX would be due for a
breather, but when it comes to stocks that are at the center of the Netexchange boom, there's no
looking back. This is a situation if you
wait for much of a pullback, you'll miss the boat. Don't forget that Reuters still owns a big chunk
of TIBX. And TIBX is just one of a
number of compelling plays Reuters has a hand in. Reuters has had a nice bounce off its lows,
but the really big move is still ahead. - TJ
messages.yahoo.com |
