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Technology Stocks : FirstWave Technologies (FSTW)

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To: Oeconomicus who wrote (7282)12/24/2002 10:48:11 AM
From: TEDennis  Read Replies (1) of 9677
 
Whoa ... good detective work, Bob !!

And, excellent analytical computing in that earlier post.

Too bad that those market-size numbers are being provided by insignificant players like MSFT and IBM. What the heck do they know about the mid-market, anyway?

It will be interesting to see whether that claim on FSTW's website gets modified yet again. It's certainly misleading the way it is.

Whatever. It's only numbers you know. And it's still a big one.

Oooops ... I just read your PS: Never mind !!

FSTW's posted real mid-market size numbers are NOT "not unrepresentative" of the reality. Should be easy to get 1% of those 430,000 clients. That's only 4,300 customers. A mere 20 banger from here. Only 4,100 to go.

Well, heck, let's just use 1/4% as our benchmark. That's 1,075. Only 875 new customers to go. With 17 months to go before Hank's outside time frame, that means they only need 51 new clients per month. Average.

Fortunately, MSFT's product was delayed until Q1 '03, so FSTW has some extra time to land all those clients who have given up waiting for MSFT's CRM.

And, remember, Version 8.0 (released in July 2002) was "an explosive improvement for eCRM, one that will shake up the CRM industry". We should begin to feel that shake-up any day now that the industry has had time to react to the news.

And, of course, with the "disruptive technology" that is right around the corner with the new .NET based EL framework ... whoa, baby! The sky's the limit.

Man oh man. Look at that price and volume chart !! It's absolutely indicative of ... something.

Hmmmm ... I gotta' work on my obfuscatory skills if I'm ever gonna' get a job at FSTW. Wouldn't want to end up bitter like you.

[pause ...]

OK. Enough sarcasm. Time to prepare for Christmas.

Merry Christmas, everybody !!

Regards,

TED
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