Now this is good marketing.
"Over the last six months, Brio has experienced significant demand from its U.S. customers to reduce IT costs and complexity by standardizing on a single business intelligence platform. For a fixed package price, Brio will provide a comprehensive evaluation of a customer's current implementation, their business goals and objectives, and then offer a quick migration path to deliver a more cost-effective solution standardized on Brio. The Brio FastTrack service fees will be waived for any company that completes the evaluation process and chooses not to standardize on Brio. Additionally, those customers that choose to standardize on the Brio Performance Suite will get the evaluation service fees deducted from their total customer purchase order.
``With our business intelligence platform standardization project, in terms of delivering on its performance commitments with substantive, readily actionable deliverables, I would rank Brio a 9.5 out of 10,'' stated Robert Akerley, director of enterprise data services at Allmerica Financial"
Shares Short 4.05M
Percent of Float 21.1%
(Prior Month) 4.19M
Short Ratio 40.87
Daily Volume 99.0K
You are right Yahoo reports 21% of the float is held by shorts. It is however only half of last months.
Sorry but if it did not sell off with this news then it should have bottomed out. Most people in the market are not as fickle as you may think.
If you remember the event in 87, well all those that sold in the first week had regrets a year later.
We would all like to believe that these huge business use this on a daily business. The truth is, as it was so elagantly Phrased by Clint Eastwood in Heartbreak ridge is that many company's are so involved in a "ClusterFuck".
level 2 asks
ARCHIPELAGO LLC 5 4:59
BRASS UTILITY 1 4:01
BLOOMBERG TRADE 1 12:46
INSTINET CORP 10 5:04
HILL, THOMPSON 6.6500 5 4:27
HERZOG HEINE GE 6.6700 1 4:53
FIRST BOSTON CP 6.7100 1 4:53
FIRST ALBANY CP 6.7500 1 4:53
EMERGING GRTH E 6.8000 1 4:53
FLEET TRADING 6.8400 1 4:53
CANTOR FITZGERL 6.8500 1 4:53
GBI CAP PARTNER 8.0500 1 4:36
I am not familar with the product but also know some one who's company uses it. They love it and can not say enough good things about it. We will need to see how the economy goes but it is my belief that Brio will survive and prove to be a good investment.
BLOOMBERG TRADE 14.5000 5 11:19
CANTOR FITZGERL 14.5200 1 11:39
FIRST BOSTON CP 14.6000 1 11:39
FIRST ALBANY CP 14.6600 1 11:28
FIRST UNION CAP 15.0000 1 7:31
FLEET TRADING 15.1600 1 11:34
GOLDMAN SACHS 15.2000 10 7:31
HAMR 15.2000 1 7:31
HERZOG HEINE GE 15.2000 1 7:31
DAIN, BOSWORTH 15.4000 1 7:31
BRASS UTILITY 17.7400 4 10:32
When you see a company who's managment is so far out of wack that they are completely ineffectiven at running the company where does it end. Clint Estwood in the movie Heard Break Ridge had a term for this type of management he called it a "Clusterfuck".
It seems that the maket agrees with you the company is in serious trouble the stock tanked again today. Denial is usualy the first sign of bad management in a company.
27million lost this quarter. Will they save enough to make all this bitching worth while.
Penn traffic management must realy suck to be in this kind of a position.
I stoped by this board to see what was being posted.
It seem like some people on this board have an anxiety disorder. If there is news it will come when companies can do it legaly. When I see this level of anxiety it means lots of problem employees, and poor managment by the powers that be. I would hope that anyone interested would take this into consideration.
Do I know anything about this rumor. NO I stated that it seem to make sence. As in all things time will tell us. And remember the AHOLD Pathmark deal that fell apart after almost a year, so you people with the anxiety problem should be on heavy medication by that time.