The reason CPWR's Market Cap will increase by Billions in the future is Covisint.
Ford, GM, Daimler, Nissan etc will eventually have $100's OF BILLIONS of purchases transacted over this proprietory portal. By debiting (as a charge) 1-2% of the business transacted, CPWR's Revenue will double, triple, quadruple.
Because this is high margin activity they will be extremely profitable. Like Microsoft was. Like Qualcom was.
NOW LETS ROCK bashers!
"Are we just solving a minor problem when the opportunity is, if you believe Ralph Szygenda, of GM, $230 billion of opportunity in inefficiencies in the automotive supply chain that the Internet can solve. It's a big number. Where's that number coming from? If you simply try and do what the OEMs did to Tier 1s with EDI, if you believe the AIAG (Automotive Industry Action Group) MAP Study, $1.6 billion was taken out of the industry. But how much did the first Tier get of that? Very, very little."
excerpt from 2001 Bob Paul interview- Director, CPWR
Most of these same bashers were here on this board in 2002 and 2003. Based on your logic, CPWR was a strong buy then. Have you checked out what share prices have been during that time? This company is not a strong buy until gross revenue rises quarter over quarter for several in a row.
so what? THE COMPANY IS NOT GROWING!
talk about "positioned for growth" is just a lot of hot air until you actually do grow.
i'll take my chances elsewhere
this thing is a turd
in case you can't find it
2001 2.010 billion
2002 1.728 billion
2003 1.375 billion
2004 1.264 billion
2005 1.231 billion
2006 won't be much if any better
get it now?
if you have access to the s&p report you really should read it. they express concern over governance practices and its stock compensation practices as well as saying the the ibm deal will not have a material impact. i'd cut and paste it but it's copyrighted material. you can probably get the report from the same place i did - a broker.