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Technology Stocks : CKCM: Click Commerce, Inc.

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To: JakeStraw who wrote (83)8/7/2006 9:56:45 PM
From: Tom Caruthers  Read Replies (1) of 90
 
Increased my position by 25% in the high $13's. Not exactly a pleasant feeling, but I also don't feel like I'm catching a falling knife either. The analyst community is apparently concerned about the sequential fall in product license revenue and flat subscriptions when you factor out acquisitions and the weak/non-existent organic growth and concerns over recurring vs non-recurring revenue.

Personally, I think they are setting up for some significant growth going forward, and was encouraged by the quarterly earnings call. Also, there is the RFID kicker.

Good luck all. The chart is holding in there and we are at support. Let's see if it holds.

Tom
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