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Technology Stocks : IVI Checkmate (CMIV)

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To: Hippieslayer who wrote (1988)2/12/1999 1:56:00 AM
From: hsg  Read Replies (1) of 3721
 
this was posted on another IVI thread. this guy has some good points which I hope IVI addresses.

for pointing out the obvious....

1. Which of CMIV's competitors does not have an established channels program?

2. Who is going to staff this new division? Existing employess? Does this mean that the existing employees do not have
enough to do selling direct? If so, it is a bad sign. If not existing employees, who is gonna pay for this new division? How
many people will be hired and how long until we see an ROI?

3. I, for one, think that this is a critically important step for CMIV. The problem is that it will do nothing for earnings now
because of CMIV's long sales cycle. Speaking of sales cycles, I think CMIV bought 2 software companies in the last year
or so. Where is the ROI from those purchases? The new division seems like yet another open ended investment with little
hope of bolstering earnings in the near future.

Once again, CMIV management demonstrates it is behind the times.

HSG,
BTW I read several posts on SI begging for more substantial press releases. Did it ever dawn on you that more substantial
press releases may not be possible? Did it ever dawn on you that the company is just not an exciting company?

What proprietary technology, service, product, patent has CMIV brought to market? None. If such a technology existed,
that would be exciting. Today's announcement is another step in a series of moves to catch up, but the problem for CMIV
is they are chasing an ever accelerating target. They are adding a channels program now after the market has established
channels programs. That same mentality dictates product development. These guys need to break out the plows and till
some new earth.

CMIV does have an important piece of the market, but that will probably be more valuable to a big company than it will to
the current management. Maybe an acquisition target, but we'll see.

CMIV buyer........beware.

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