CrossKeys Systems Corp [CKEY and CKY/TSE] Message Board

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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE]

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To: bbgold who wrote (765)	12/5/2000 11:52:09 AM
From: Another Investor	Read Replies (1) of 792

Every small company that falls short of revenues comes up with the same excuse about deals not closing in time. Even CrossKeys management has used this before. I read the press release and listened to the conf. call and the same bullshit is still there. The WorldCom press release, IMO, was borderline fraudulent. They made it sound like it was a great achievement when most of the revenues were realized in Q1 not Q2. That deal probably barely made a dent in Q2 numbers yet they released it just recently and made it sound like it would affect future revenues. I am sick of their excuses. Management made the outlook seem so optimistic on the Q1 conf. call and things couldn't have been more the opposite for Q2. I suspected that something was fishy back on the Q1 conf. call when Ian M. was asked if $75 million was achievable this year and he answered that he was comfortable with the models that the analysts came up with. I'm not an expert here but it seems to me that Crosskeys should be telling the analysts what the estimates are not the analysts telling Crosskeys. CKEY is worth so little at this point that it's not even worth selling!

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