This one is a dog. Why on earth would a salesman not say anything but great things? They get paid to say it, and since they have stock options, why would they say negative things? I have heard salesmen say incredibly positive things over the years (not just at CNTR) hours before layoffs and even chapter 11 filings!
The stock price is low for a reason. It could go lower.
This nonsense about real management with real revenue goals - what does that mean? Do you think that they didn't have goals last year?
I think what you are seeing is more marketing visibility - more advertising, more trade show stuff. That doesn't mean marketing is better - it's just that they are spending more in that area. Unfortunately, that means that money is being taken out of some other place. Maybe less spent in sales. Maybe less spent in R&D. Maybe less in customer support. I never thought CNTR's problem was a lack of awareness. Most people had heard of them. The problem is that the tools market is extremely fragmented, and low margin.
In fact, this whole software tools area is mostly filled with stocks that are way down - BORL, INAI, CNTR, to name a few. I don't think any Internet tool companies are doing too well, either.
This is a bad segment to be in as it is mostly filled with wishful thinking. PErhaps you could make a dollar or two on a stock bounce, but I think you can get much better returns in many other places - IFMX, ORCL, VNTV, INFR, ROSS, ATEA. These markets are not so fragmented, and have high margin products. Also, these companies are not struggling for survival as is CNTR. |
