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Technology Stocks : Cayenne Software (CAYN)

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To: stock talk who wrote (882)4/23/1998 12:05:00 AM
From: JP  Read Replies (2) of 1096
 
I don't know why everyone is so depressed about the CC.
I thought it was quite positive thus I see this as a great entry point. $4 or more by next Feb 28 (after Q4 results), is very likely while the downside risk from here is minimal. A take-over, although not necessary, would just be an added surprise.

CC Highlights:
- Q2 & Q4 (strongest) are historically their strongest quarters
- Q2 focus is on aggressive closing of pending sales
- Many new product updates to be released throughout Q3 & Q4
- Expect to announce new CEO in June or July
- Developing partnership with packaged software companies like Peoplesoft, etc. "Expect announcements by next CC".
- Expects industry consolidation to continue (e.g. Logicworx by PLAT)
- Overall focus on profitability:
"I BELIEVE SHAREHOLDERS WILL BE PLEASED".

100% gain in a year or less with minimal downside risk - I'll take it.

JP
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