SEVL -- I wonder how many of the retail "shareholders" of SEVL today have actually even gone to their website. If they did, I doubt they'd be so optimistic as today's valuation suggests.
I'm trying to give SEVL the benefit of the doubt and see if I can understand the product model here -- but I'm coming up empty.
The demo training scripts look like Powerpoint decks that stream to your browser. Their "animation" technology is little cartoon characters very similar to the ones people HATED in Windows '95 (remember Clipit, Einstein, etc.) ? We'll they're back.
In training, content is everything. When someone is motivated enough to pay for training, sliding headlines and little cartoons become irritating very, very quickly. There's nothing on the site suggesting innovation in how providers can turn content into a streaming format better, faster, etc. You can get better information faster from the computer bookshelf at your favorite chain bookstore than these demos.
On their main page, there's a banner ad for Bloomberg Media Center -- if you click on it, you go to a page that says "Bloomberg.com -- You've reached a page that doesn't exist."
The latest item on their "News" link is the Business Week piece titled "7th Street Eyes Easy Street". (quoted on this thread here today), where a "New York money manager, who has nearly 5% of the shares" says it could "almost triple" from "nearly 3". (I am not making this up!!!!!) The article, curiously, is dated March 15, 1999.
Conclusion: it is very, very unimpressive, just my opinion, of course.
Alan |
