ATLANTA, Aug. 13 (dbusiness)--Ross Systems Inc.
has tinkered with one of its applications to make it
more Web-capable, as it fights to regain investor
interest after a faltering first quarter.
company also announced today that its e-commerce division
has landed its first contract, with the biotech
division of a major chemical company. Ross did not reveal
the name of the company. Ross will create a "store
front" and an order management system for the
I believe the 25th of August is the date. I'm
betting a loss for the quarter. The problem w/ the board
is that the Chairman has a fairly large position in
the stock and he's the major culprit in poor
performance. He's been around for over 10 years at Ross - go
back and plot the stock - it sucks. I've made money in
the past by buying after a poor quarter and selling
as the stock gets a small rebound. However, now that
ERP is in the tank - this company is destined to go
nowhere. Earnings will suffer and there will be very
little of a rebound. There is no innovation, look at the
track record, late to client server, now late to
e-commerce. My next buy would be if they go below $1. Very
possible by the way!
The Yahoo calendar says ROSS' earnings release
date is supposed to be August 12th. We obviously
missed that. When is the date? They'll probably release
earnings at 5:00 pm on a Friday and have the conference
call on Saturday afternoon so no one will attend. I
hate this mis-management team, this company and this
stock. It may be time for me to do some soul searching
and finally take this loss. The thing that astounds
me is how the board of directors can stand by and
accept these lousy results without cleaning house. Maybe
we all need to send angry letters to the Board. They
clearly do not have the best interests of the
shareholders in mind.
Good Luck Ross longs. I finally pulled the plug
yesterday and closed out my position. I got into this stock
about 2 years ago on recommendations from MM and have
had this feeling of slow death ever since. I don't
think it would serve any useful purpose to slam this
stock, where would you start? I'll periodically check
back in to see if there's any stockholders classaction
lawsuit initiated against the BOD's for the duration of
my stock owership.
Along with their new direction
in e-commerce, entering new locations in N.Africa
and China, when I see Ross state they will be looking
for oportunities in Anartic, I know I did the only
sensible thing to do - sell!!
Good Luck longs.
why ROSS keeps trying these back to back
Investors have caught on.
It's great to have sales and
But they don't come in
Too much like they are trying to push the
Let the company performance speak for itself.
it seems like they're doing more damage than
New PR people needed.
Anyone else agree or am I
When no one is interested in this
stock, it is the time to BUY.
I decided to buy after
being in and out of this stock over the last 5 years.
I think with the interenet & world markets
improving, Ross could pull an earnings surprise.
like buying LOW $2.50 (I hope), and selling to all
late arrivals that should arrive at this board