Interesting analysis from yahoo omkt thread comparing IWOV to its competitor OMKT:
Most recent quarter:
earnings per share: IWOV -.25, OMKT -.19
revenues per share: IWOV 1.70, OMKT 2.90
today price per share: IWOV 22.2, OMKT 1.40
So, on a per share basis:
Open market's revenues were 70% MORE than Interwoven's, Open market lost 24% LESS than Interwoven in the most recent quarter, yet Open market sells for ONE FIFTEENTH the price of Interwoven!
When you buy IWOV, you are paying 13 dollars for every one dollar of revenue last quarter. When you buy OMKT you are paying 48 cents for every dollar of revenue last quarter. IWOV's revenues are over 26 times as expensive as open market's revenues.
Yes, IWOV is number 1 and OMKT is number 2. Yes, IWOV has more cash, and has growing revenues. But can IWOV's revenues really be worth 26 TIMES as much as OMKT's revenues? Even though IWOV is LOSING more money per share than OMKT is? |
