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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: Mark Konrad who wrote (3117)12/19/2001 1:48:57 PM
From: Mark Konrad  Respond to of 13660
 
CRIO...wrong forum for this one but it relates to my current profitable interest in PSFT:"--Dec. 19, 2001--Corio, Inc. (Nasdaq:CRIO), a leading enterprise application service provider, today announced that The Aberdeen Group, an industry analyst firm, named Corio the leading PeopleSoft ASP. The Aberdeen Group report states that Corio is the clear market leader with 27% of the total ASP market share for PeopleSoft applications."

I mentioned it here before at about a buck. As far as I know, CRIO has no debt, lots of cash, and rising revenues. IPO'd early last year at 16 (I think), rose to above 20, and then crashed hard with everything else. Caveat, I'm already long and urge anyone interested to do their own dd--MK--