CTRA
IPO'd at 14 last week and pulled back to a 26 3/4 close yesterday. I don't know how far this one will go down, but I accumulated Friday and yesterday on weakness. The company sells collaborative software that enables audio and video interaction, document-sharing, scheduling, etc., over both high- and low-bandwidth Internet connections. CTRA has an important partnership with MSFT: its application is fully integrated with MS Back Office and offers functionality that Back Office needs in order to compete with Lotus Notes. Its products are also integrated into MS Digital Dashboard, Net-enabled consoles for automobiles and other vehicles.
Collaborative software is an important "productivity" story.
Here's a partial list of CTRA customers, taken from the IPO Prospectus and major PRs from 2000 and 1999:
Ariba, The Baan Company, i2 Technologies, Manugistics, Open Text, Oracle, The Vantive Corporation, Wall Data, Compaq, Data General, Exabyte, Hitachi Data Systems, Sequent, Ascend Communications, Juniper Networks, NEC America, Nortel Networks, Novell, Allegiance Telecom, Ameritech Mobile Communications, AT&T, Bell Canada, MCI WorldCom, Mitel, PSInet, USInternetworking, Viacom, Advanta Mortgage, Advest, American Fidelity Group, Applied Systems, CCC Information Systems, Consumer Insurance Services of America, Independent Insurance Agents of America, Nationwide Mutual Insurance, The Standard Insurance, Federated Department Stores, Kraft Foods, Sony, DuPont Pharma Medical Imaging, Merck, Schering Plough, Shared Medical Systems, Health Learning Systems, Kaplan Educational Centers, Ziff-Davis Education, Automatic Data Processing (ADP), Advanced Manufacturing Research, DA Consulting Group, First Consulting Group, Mastech, PricewaterhouseCoopers, Science Applications International Corporation (SAIC), Armstrong World Industries, Clarke American, Marshall Industries, O.C. Tanner, Office Furniture USA, Canadian Department of Agriculture, United States Army, James Madison University, North Carolina A&T, University of Tennessee, Dominos Pizza, Marsh USA, Warner Lambert, Level 3, Ascolta, the Chicago Tribune, Guy Carpenter & Company, Omni Logic, Computer Curriculum Corporation, Manulife, Renaissance, PMC Sierra, Avid Sports, Outlook Software, UNC Charlotte, University of Alberta, Logix Microsystems, Bentley College, Rockwell Collins, Global Knowledge Network, Deloitte Consulting, NetSuite Development Corporation, Strategic Management Group, Calico Technology, Primark Corporation. |
