Looks like showing signs of weakness holding above 5.00...
I stick to my feeling that without some bold and decisive action (and I should add "well thought out" to that to avoid another Flowstream acquisition) this little boat will continue to drift with the tides...
Meanwhile, POMS corporation (BASEA's major competitor) announces record revenues...(still privately held, but financed by Edison and expected to be aiming towards an IPO)...
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Herndon, Virginia, May 11, 1998-POMS Corporation announced today 77% growth in revenue for its first fiscal quarter, ending March 31, 1998, compared to the same quarter last year. The company's performance was supported by strong international demand for the POMS product line. More than one third of new orders were from overseas deployments.
Curt Grina, President and CEO of POMS Corporation, stated,
"We are extremely pleased with our strong performance worldwide. Our growth clearly demonstrates our leadership in providing MES solutions to the regulated industries. The company continues to open major new accounts and generate follow-on business with existing customers. We are especially pleased with the follow-on business as it demonstrates our customers ongoing commitment to our products."
POMS Corporation also continued to grow its sales and services operations and expand its strategic consulting and software alliances in the first quarter.
POMS Corporation is committed to providing competitive advantage to manufacturers by delivering proven solutions that optimize the manufacturing execution functions of the supply chain. POMS MES is the most widely used MES solution in the healthcare products industries (pharmaceutical, biopharmaceutical, medical devices), with more than 8,000 users across 15 countries and 35 validated sites worldwide. POMS Corporation customers include Baxter Healthcare, Boehringer Ingelheim, Hoechset Marion Roussel, Novartis Pharmaceuticals, and R.P. Scherer. |
