SSAX: I was going to post this for January 7th..but I
seem to get conflicting earnings date. One in january
and one is for December 8. I will check with the
company tomorrow because this can be an very nice
turnaround play. Projected 267% increase from
same quarter previous fiscal yer and 127% from
July 1997 last quarter. Technical postion of this
stock is very good. MACD 18/7/9 breakout, and price above
the 7,20,50 day moving average with Wilder.. OBV is still
a little low and has not risen above prices..we could
use a little more volume..Note the OBV around earnings
report time in august 19.
Value Percentile
INSIDER RANK 88* extremely important..
EPS Rank 63.0 56
EPS Rank Change 13 WK 32.0 94
Price Rank 1 Wk Change 5.7 97
ROA -1.86%
ROE (TTM) -6.21%
Price/Cash Flow Ratio 18.5 77
Proj EPS Rank 89.0 80
Proj EPS Annualized 5 Yr 23.6 70
Price/Book Ratio 5.5 86
ERG 61.0 56
ERG 1 Wk Change 80.2 85
Correlation Coefficient 1.0 99
Sales Increase Last Qtr 116. 79
Acceleration and Velocity for this company has been
higher and higher from quarter to quarter:
Velocity #1 (last quarter) 37.1 92
Velocity #2 2 quarter ago 9.4 83
Velocity #3 3 quarter ago -6.1 26
Velocity #4 4 quarter ago -32.5 14
RESULTS OF BEST QUARTER IN HISTORY THEY HAD:
Software License Fees Up 84%
System Software Associates, Inc. (NASDAQ:SSAX) announced today
results for its third fiscal quarter ended July 31, 1997, which featured its best ever third quarter revenues.
Revenues for the third quarter were $114.7 million, an increase of
58.6% when compared to $72.3 million recorded in the same period of the prior year. Software license fee revenues in Q3 1997 were $83.2
million, an increase of 84.1% when compared to $45.2 million recorded
in Q3 1996. Client services revenues grew 16.2% to $31.5 million in
the quarter just ended, as compared to $27.1 million in Q3 1996.
Operating income for the quarter was the second best ever for a third
quarter at $9.8 million. This includes a special charge of $1.7
million (the equivalent of $.03 per share) related to the proposed
settlement of stockholder lawsuits. Excluding the special charge,
operating income in the current quarter was the best ever in the
Company's history. Finance charges reduced income before income taxes
to $5.2 million, resulting in earnings per share of $.08.
_________________
After this record breaking earning stock price went from 13 to 17 on
enormous volume
DATE OPEN HIGH LOW CLOSE VOLUME
---------------------------------------------------------------
08/18/97 13.250 13.500 12.875 13.000 1,031,700
08/19/97 13.125 17.437 13.125 16.125 5,081,300
08/20/97 15.062 17.625 14.750 16.187 3,978,000
___________________
Formed alliance to market their Client/Server in Brazil
SSA and ITEC, Major Brazilian Technology Company, Form
Strategic Alliance To Market BPCS Client/Server on IBM
Platforms in Brazil
CHICAGO--(BUSINESS WIRE)--Dec. 5, 1997--System Software
Associates (SSA) today announced a strategic alliance which significantly enhances SSA's marketplace presence in Brazil.
SSA has joined forces with a major Brazilian IT company, ITEC,
to market BPCS Client/Server in Brazil.
This new strategic alliance extends SSA's leadership in the
Brazilian marketplace. SSA has the leading market share of
any international ERP company in Brazil, with well over 120 major industrial sector clients.
These include both local Brazilian companies and international companies such as 3M, Johnson & Johnson,Eli Lilly, General
Electric, Merck, Panasonic, Reckitt & Colman and TRW. ITEC
-- a joint venture of IBM Brazil and Itau, Brazil's second
largest private bank -- manufactures and sells IBM AS/400
systems in Brazil. SSA
and ITEC will market BPCS Client/Server to existing SSA
clients and target new business opportunities
through joint marketing programs, such as seminars
, trade shows, advertising and direct marketing.
AND ANOTHER DEAL:
________________________
Multi-Million Dollar Deal for BPCS Client/Server V6 to Integrate 43 Rieter Sites
CHICAGO--(BUSINESS WIRE)--Dec. 3, 1997-- Rieter Automotive
Systems AG, Winterhaum, Switzerland, aglobal manufacturer and supplier of automotive components, has selected System Software Associates (SSA)and BPCS Client/Server V6 ERP software to provide
an integrated, global enterprise resource planning solution throughout 43 Rieter manufacturing sites worldwide. BPCS Client/
Server is being implemented to deliver manufacturing, supply chain management, electronic commerce, distribution, logistics and financials capabilities.
Company Press Release
SSA Wins $1.5 Million ERP System Order from Britvic Soft Drinks Ltd
CHICAGO--(BUSINESS WIRE)--Oct. 30, 1997--Britvic Soft Drinks Ltd., one of the UK's leading soft drinks manufacturers and bottler of Pepsi, Tango and Robinsons, has selected System Software Associates, Inc.
(NASDAQ:SSAX) to supply an enterprise resource planning (ERP) system, throughout its UK operations. |
