Hosted by Steve Jeffery, president and CEO and Joe Bibler, VP of customer service for Clarus, the two days will focus on products, customer service and business strategies for the year 2000. Clarus will share product updates, including: the launch of Clarus(TM) eTour, the first web-based training (WBT) tool using multi-sensory learning; the release of Clarus(TM) eProcurement 5.0 with its enhanced functionality and user interface; and the announcement of Expense 2.0, the latest application to join the Clarus Commerce solution suite, scheduled for release at the end of 1999.
This overbloated pig is going way down. The one reason it has for a rise is the CSCO, MSFT deal. That was a month ago, and this stock has risen over 300% since. It's been more than priced into this stock. Everything announced since then is meaningless PR fluff. With the one exception of the quarterly report. Which portrays a mangy dog. They've lost 26% of their revenue, and margins have been sucked down into deep negative territory. After the buying craze is over, there is going to be a significant correction and sideways movement. Because this company can'nt support a p/s valuation of 10. sell sell sell. And congrats on your impressive returns. But its time for this rock to come back down to earth.
an institution showed interest in buying 300,000 shares at $39 this morning and moreover there are other buys which may add up over 400,000 shares just today. Since the float of CLRS is only 4.4 Million shares I expect the price to skyrocket in about two weeks. But MarketMakers are likely to torture small investors to shake them and get their shares before moving the price to $100. Wouldn't you agree?