ROBERT,
To those considering a buy out. Yes, this is always a possibility.
IJL has considered this possibility for months. Look at potential suitors being RMDY, JDAS, SAPHY, COGNF.
Each of the first three have had very successful relationships with IQ. The last COGNF may surprise you but a recent publication considers Cognos as lacking a quality web nased product that is easy to use and functionality deficient.
However, Robert is right IQ Liveweb is a product that if it were a company in itself could be worth 150-200 MM by itself. Sales of this product I beleive may be better than expected in Q2 to be reported late this month. Q3 and Q4 appear to be shaping up as quality.
Yet, IQ's sales force size prohibits it from growing as fast as most everyone in this speculative market wants in order to hit radar screen. Remember that BOBJY and Cognf were both capitalized at about 1.5 Bill within the kast 18 months. IQ has at best only hit 130MM.
What are IQ's products worth to a larger oganization? How much could SAP, COgnf, or JDAS make with these products? At 150MM to 200MM this is chicken feed to som companies.
IJL should be in a postion to know. However, Robert is right. Things should look pretty good for q3 and q4 anyway. Now, just so the market cooperates and we get a rotation into the micro caps.
Dyesir |
