Niku Corporation (NIKU) | Stock Discussion Forums

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Technology Stocks
Niku Corporation (NIKU)

An SI Board Since January 2000

Posts	SubjectMarks	Bans
57	2	0

Emcee: Rupert	Type: Unmoderated

Introduction Compact

"We are a leading provider of Internet solutions for the sourcing, management and delivery of professional services. Professional services include consulting, financial services, medicine, law, engineering, advertising and other industries in which knowledge and information, or intellectual capital, are an important element of the services. Our Internet software and business portal are designed to automate the core business processes of professional services organizations, professional services providers within enterprises, and small businesses and individual professionals."

niku.com

Slated to go public week of Feb 28:

ipo.com

IPO filing summaries:

hoovers.com

(The figure of $0 shown for 1999 revenue on the above page seems incorrect. Click Financials on that page and you'll see revenue for 1999)

ipo.com

Lots of links on the media page on their website:

niku.com

of which these were especially useful:

redherring.com

redherring.com

forbes.com

upside.com

(follow the links in the above article for entertaining background articles in Upside on founder/CEO Dibachi's earlier venture, Diba)

Management:

niku.com

Some untutored thoughts from me:

Pros: 1) Other IPOs that week, such as PALM, HOMG, ASIA and OPUS (which competes with them in some areas), may take some of the heat off, especially if they happen to go out on the same day. 2) Their name, and somewhat unglamourous product offerings - Professional Services Automation (PSA) - may keep the profile low. 3) Customers and revenue. 4) Already hooked in to the ASP delivery model via partners such as USIX. 5) The PSA field is new and seems wide open. 6) No publically traded pure-play competitors. - they are already strongly associated with the sector they are in. 7) Management team is in place and doesn't look like it has been rapidly thrown together just for the IPO (which is the impression I got looking at OPUS).

Cons: 1) May get hyped up in the press which would push up its trading price, especially because CEO Dibachi is an interesting character (founded Diba, used to hang out with Larry Ellison, etc). 2) It may be priced aggressively by Goldman which would also push up its trading price. 3) Potential competition from large enterprise software vendors, such as SAP.

One privately held competitor to compare it with is Evolve Software ( evolveinc.com ).

I'm an IPO value investor: I am primarily interested in high quality IPOs which, because they are overlooked or overshadowed, present buying opportunities in the first few weeks of trading. So I'd hope this doesn't get a 'red hot' rating at Red Herring, or mentioned on CNN like FMKT was. That hype can basically kill these IPO stocks as reasonably buys for individual investors.

Anyone got any idea about market cap target for this?

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
57	Thinkequity Partners Initiates Coverage on Niku SAN FRANCISCO, Mar 7, 2002 /PR	The Rooker	-	3/7/2002
56	I came to the same conclusions, which prevented me from also from buying more.	SidStock	-	2/3/2002
55	<i>PS Kicking myself for not doubling down at 50 cents.</i> You'	David Howe	-	1/10/2002
54	At this point i would like to see what happens after earnings release. Still wa	SidStock	-	1/9/2002
53	I'll hold my current shares until I see signs that NIKU isn't making pro	David Howe	-	1/9/2002
52	I'm thrilled with Niku. In since the 1.20s which was, what, a week or so ag	Lizzie Tudor	-	1/8/2002
51	Sid, This board died when the stock fell below $1, but I'm still here. NIK	David Howe	-	1/8/2002
50	What a quiet thread. Considering the recent move. Any good info out there on t	SidStock	-	1/4/2002
49	biz.yahoo.com Customer base is now around 350 companies, worldwide.	David Howe	-	6/13/2001
48	NIKU is now free to buyback some of their stock as of today I believe. Maybe th	David Howe	-	5/22/2001
47	<< I'm going to revaluate at the time of the quarterly report >>	David Howe	-	5/16/2001
46	I'm going to revaluate at the time of the quarterly report. It's likely	David Howe	-	5/4/2001
45	That's understandable. The quarter was worse than anticipated, the layoff d	David Howe	-	5/4/2001
44	I did not like that second drop below 2.	Lhn5	-	5/4/2001
43	Unfortunate timing today. Major market drop is adding to the pressure on the st	David Howe	-	5/3/2001
42	A 25% workforce reduction isn't great, especially for a software company (be	Rupert	-	5/3/2001
41	Well, they are giving us a heads up on earnings. siliconinvestor.com Not qui	David Howe	-	5/2/2001
40	02-May-01 Niku Corp NIKU Q1 200104 ($0.16) Loss of $0.53-0.55 NP	zx	-	5/2/2001
39	Thanks for the heads up Larry. There will be a number of acquisitions and merge	David Howe	-	5/2/2001
38	PLEASANTON, Calif.--(BUSINESS WIRE)--May 1, 2001--PeopleSoft Inc. (Nasdaq:PSFT)	Lhn5	-	5/2/2001
37	Blast off! I guess the basing period is over. Now the question is can the rece	David Howe	-	5/1/2001
36	COMS getting a little pop today...any body know why! fns	FNS	-	4/27/2001
35	Kyros, Glad this one worked out for you. Keep those CFZ guys in line and don&#	David Howe	-	4/26/2001
34	Sold the rest of my NIKU today. Also sold all my other techs that I bought rece	KyrosL	-	4/26/2001
33	This is going to be a bumpy ride. Very volatile stock and the market is still n	David Howe	-	4/23/2001

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