Saba has built a world class management team dedicated to building a company that will be the leader of the learning sector.
Over 2 million users of Saba software in corporations today and growing fast.
The customer list, user numbers and the revenues speak for themselves:
Disney Cisco Anheuser-Busch United Airlines Qwest Agilent Technologies (HP) Adobe Informix BMC Software and more...
Revenue growth of over 900%. Projected revs of over $20 million this year.
Their LEARNING EXCHANGE will create a buy and sell exchange between buyers and sellers of learning content and training. They already have the buyers (2 million of them in corporations) and are amassing an armada of learning providers through Saba Learning Network.
120 learning providers already with over 20,000 courses available. Amazing.
Look at the management and investors...it is made up of some of the most amazing people in the industry...Michael Moritz the founding investor in Yahoo!, the former head of learning a McKinsey, top leaders from Oracle, and amazing CFO, former CEO of OpenHorizons...the list goes on.
Remember, you don't bet on the horse, you bet on the jockey. This company is a winner and at this price a bargain institutional investors are gobbling up.
Mark my words: price target of $100 will hit by end of Q4 2000.
to see if anyone did a comparison to LTWO,I own Learn2.con and am going to try to catch SABA on the dip.I just missed it last week,so staying on the side for the dip,E-learning will be the way for all types of education in the future,B-B,Government,K-12,colledges and the general public,just read some of the articles the present government are putting out on education and cotributing to the cost so the public can go on line for learning,the government even stated that it would supply computers and phone line access to the Indian Reservations,this will be a long term stock,good luck all and I hope to catch the next dip...IMHO.