Watching the conversation over the past few weeks, it's interesting the perspectives on BRLS. There are ONLY about 80 total shareholders for this company (according to their latest 10K and annual board meeting documents I got last week). So, with a $12M market cap, the average holding is rather steep. You'll note from the 10K and other documents, that this company is run pretty lean, no big executive salaries (only the CEO is noted and he gets $85K), modest, but presentable office space in Carson City, etc. Liz Gasper, the CFO, is a seasoned manager if you look at her back ground from Scopus and Sybase.
They still need to bag some additional decent, referenceable, customers to legitimize themselves. However, they are doing most if not all the right things to be successful in a crowded market. They have a better product and a good business model -- they CAN be as successful as Siebel or Scopus or Aurum (although, Aurum has seen it's best days I think).
This is NOT a Bre-X, by any means, but it's still speculative since it's not being followed by any analysts, it's market cap is too small to find it in the regular stock listings of daily papers. |
