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Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: TEDennis who wrote (7241)12/22/2002 2:33:07 PM
From: Oeconomicus  Respond to of 9677
 
TED, here's the post with the non-hype numbers:
Message 18297227

The 25 million is probably an estimate, adding five years of new business formations (less failures? probably not) to the 20.3 million figure from 1997. Assuming that's accurate, then you could then estimate (generously) that there might be 6.5 million businesses with paid employees and perhaps 118k with 100 or more employees.

BTW, I doubt many businesses with $500k in revenue are candidates for very sophisticated CRM, unless they are in businesses that could be expected to grow substantially from there. And if they do want something fairly advanced, having it bundled with other business applications they CAN'T live without would likely be important to them.

In any case, saying there are even 2 million serious potential prospects in the US for FSTW and other mid-level CRM vendors is a bit of an exaggeration.

But then we could always hope the market's bigger, in spite of factual evidence to the contrary. ;-)

Bob