CHRD die 350 % - Chance ? - 500 Beiträge pro Seite

[circuit]

Heutiger Kurs 2,70 $

Nach gestrigen guten news, sowie besten Zukunftsaussichten nun heute diese Heraufstufung, die bei erreichen einen Gewinn von 350 % bedeuten würde:

Princeton, New Jersey, July 25 (Bloomberg Data) -- Chordiant Software Inc. (CHRD US) was reiterated ``strong buy`` by analyst Cameron P Steele at Dain Rauscher Wessels. The 12-month target price is $12.00 per share.

[circuit]

verdächtig viele Käufer die letzten Wochen (ausgen.die oberste Pos.).
Könnte bald eine Übernahme anstehen !

Insider & restricted shareholder transactions reported over the last year
Date Who Shares

Stock Transaction

31-Aug-01 TUMMINARO FAMILY TRUST
Trust, Trustee 100,000
CHRD Proposed Sale (Form 144).
Estimated proceeds of $280,000.

31-Aug-01 GAP COINVESTMENT PARTNERS II LP
10% Beneficial Owner 435,652
CHRD Purchased at $2.75/Share.
Cost of $1,198,043.

31-Aug-01 GENERAL ATLANTIC PARTNERS 57 LP
10% Beneficial Owner 1,986,223
CHRD Purchased at $2.27/Share.
Cost of $4,508,726.

30-Aug-01 FIRST PLAZA GROUP
Shareholder 114,000
CHRD Proposed Sale (Form 144).
Estimated proceeds of $313,500.

28-Aug-01 GENERAL ATLANTIC PARTNERS 21 LP
10% Beneficial Owner * 82,012
CHRD Purchased at $2.80/Share.
Cost of $229,634.

28-Aug-01 GAP COINVESTMENT PARTNERS II LP
10% Beneficial Owner 17,988
CHRD Purchased at $2.80/Share.
Cost of $50,366.

28-Aug-01 GENERAL ATLANTIC PARTNERS 57 LP
10% Beneficial Owner 82,012
CHRD Purchased at $2.80/Share.
Cost of $229,634.

22-Aug-01 GAP COINVESTMENT PARTNERS II LP
10% Beneficial Owner 86,343
CHRD Purchased at $2.80/Share.
Cost of $241,760.

22-Aug-01 GENERAL ATLANTIC PARTNERS 21 LP
10% Beneficial Owner * 394
CHRD Purchased at $2.80/Share.
Cost of $1,103.

22-Aug-01 GENERAL ATLANTIC PARTNERS 57 LP
10% Beneficial Owner 393,657
CHRD Purchased at $2.80/Share.
Cost of $1,102,240.

21-Aug-01 GENERAL ATLANTIC PARTNERS 57 LP
10% Beneficial Owner 12,302
CHRD Purchased at $2.65/Share.
Cost of $32,600.

21-Aug-01 GAP COINVESTMENT PARTNERS II LP
10% Beneficial Owner 2,698
CHRD Purchased at $2.65/Share.
Cost of $7,150.

21-Aug-01 GENERAL ATLANTIC PARTNERS 21 LP
10% Beneficial Owner * 12,302
CHRD Purchased at $2.65/Share.
Cost of $32,600.

20-Aug-01 GENERAL ATLANTIC PARTNERS 21 LP
10% Beneficial Owner * 20,503
CHRD Purchased at $2.55/Share.
Cost of $52,283.

20-Aug-01 GENERAL ATLANTIC PARTNERS 57 LP
10% Beneficial Owner 20,503
CHRD Purchased at $2.55/Share.
Cost of $52,283.

20-Aug-01 GAP COINVESTMENT PARTNERS II LP
10% Beneficial Owner 4,497
CHRD Purchased at $2.55/Share.
Cost of $11,467.

[circuit]

Na endlich glaubt jemand diesem Analysten:

[circuit]

runde 70 % in 5 Tagen.

Nehmt ihr schon Gewinne mit ?

[circuit]

....oder wartet ihr noch die Präsentation am kommenden Mittwoch ab.
Der "Vorspann" ist ja schon Mal interessant:

ADVISORY/Chordiant Software and Priceline.com present: `Making Money from Customer Interaction Systems`
Priceline.com - A CRM Success Story
CUPERTINO, Calif.--(BUSINESS WIRE)--Chordiant Software (Nasdaq:CHRD - news):


To: Industry analysts; tech editors; consumer editors; business
editors

Who: Chordiant Software and Priceline.com

What: A 45-minute Web presentation by Priceline.com CIO Ron Rose:
Priceline.com - CRM and ROI "Making Money from Customer
Interaction Systems"

When: Wednesday, November 14, 2001
Live Broadcast New York: 2:00 p.m.
Los Angeles: 11:00 a.m.
Playback Anytime after the live presentation

FREE REGISTRATION: http://www.chordiant.com/webcast

Why: In one year, Priceline.com cut operating expenses almost 16
percent, expanded its customer base and dramatically
increased business from repeat customers. In the second
quarter, Priceline added more than 1 million new customers,
bringing its total customer base to 10.9 million. Repeat
business was a record 61 percent, substantially higher than
the 39 percent last year. These gains were achieved using
Chordiant`s Campaign Management solution - Marketing
Director

[circuit]

Nach diesen Kurssteigerungen kaum Gewinnmitnahmen.

Sehr stark !

Oder vielleicht nur das warten auf Mittwoch ?

[circuit]

Der ersten 100 % seit meinem Eingangs-Posting haben wir erreicht.
Ich sehe aber keinerlei Gründe, schon Gewinne mitzunehmen.
Zu stark sind die Käufe der Institutionellen.

Weiter viel Glück !

[circuit]

...und weitere 20 % gehören heute (07.12.) uns.

Alle noch on Board ?

[circuit]

Die Story scheint weiter zu gehen

Zumindest bis Januar (siehe letzten Absatz....." neue Produkte/Veröffentlichungen.....").

Bis dahin bleibt noch genügend Fantasie, wie
z.B " CHRD will Siebel bei konkurrierenden Produkten schlagen " :

Chordiant seeks harmony with the Street

By Nick Patience , the451.com, 12/05/01
Chordiant is taking advantage of the fact that it appears to be on the up while so many of its competitors appear to be heading in the other direction. Along with boosting its revenue estimates, the company is now raising its profile by wooing Wall Street banks to expand coverage of its stock. It is also planning a product and positioning announcement next month to both formally introduce its new chief executive to the world and to draw more of a distinction between what it does and what competitors such as Siebel and Pivotal do. Or, as CEO-to-be Stephen Kelly puts it, to "distinguish between what we do and what they think they do." Kelly takes over on January 1, having served in the president and chief operating officer roles for some time.

Context
Chordiant describes its software as intelligent customer interaction management, but Kelly professes to have little time for the various acronyms that have sprung up in the CRM space over the last few quarters as companies have struggled to define exactly what it is that they do. Chordiant`s software manages interactions between customers - mainly consumers - coming into companies via the Web, email, telephone (mobile and land lines), fax and physical offices. Customer profiles are meshed with existing data held in legacy systems to enable companies to deepen and extend their customer relationships by knowing exactly who the customer is, no matter how they interface with the company. Chordiant partners with a bunch of other firms for things like analytics and personalization to manipulate the data.

The company is now hoping that its relatively solid financial base and tight controls, coupled with its J2EE components-based architecture, will help it beat Siebel more often than it already does and raise its profile in the US. Traditionally, up to 70% of its business has come from abroad, mainly from Europe.

Technology Kelly, who rose to prominence through running the successful European operation, reckons Siebel will have a major problem bringing its dominance of the business-to-business customer relationship world into the consumer world, because its "client/server architecture," as Kelly puts it, is geared toward the account-based selling techniques of the B2B world, not toward sales to millions of individuals coming into the business at unpredictable times and via multiple channels. Siebel 7, which is in early customers` hands now, is the first to have what it calls a zero-client architecture, combining the rich interactivity of its previous Java/ActiveX fat clients in a thin-client, browser-centric architecture.

Chordiant`s main customers are retail banks and insurance companies, such as Lloyds TSB, Royal Bank of Scotland and MetLife; direct consumer companies, such as Priceline.com; and telecommunications companies, such as Hutchison 3G.

Chordiant was based on Corba initially and J2EE now, and comprises almost 1,000 Java components. It is now developed on IBM WebSphere, but it is also ported to BEA WebLogic. Chordiant`s components-based story slots neatly into recent studies that have shown a high failure rate for CRM installations because of the often-complex nature of the implementations. By being able to switch in components on the fly, companies are able to quickly tailor their front ends to rapidly changing environments without major reprogramming, or so the theory goes. An example would be Priceline.com pulling a bunch of special promotions offering trips to New York on September 10 and turning the whole front end around the next day to something more appropriate.

Acquisition strategy Kelly says that in the current market, given the choice, Chordiant will buy new components, rather than build them itself. That leads nicely to the challenge facing Chordiant: bridging the gap between being a relatively small CRM company on a run rate of about $75m this year to something much bigger. It is predicting sales of up to $107m for next year and net profitability in the first half, which is healthy growth, but not spectacular. That growth spurt will probably come through acquisitions.

Chordiant has looked at some 200 companies within the last six months, and it bought two Java technology companies in May to bolster its architecture. Kelly`s criteria for buying other companies includes no dilution to its $56m cash position and the firm must have real revenue and customers, positive cash flow and a US presence. Whatever it buys will have to fit into its J2EE plans, and it is likely to look at some of the gaps in its architecture that it currently fills with OEM relationships, such as those with BroadVision and Blue Martini for e-commerce software, or with SAS Institute, E.Piphany and SPSS in analytics. It is also looking at specific vertical applications to add to its portfolio, such as companies offering software for financial advisers and other retail banking areas.

Conclusion
Beating Siebel in competitive situations - as Chordiant claims to do - and being in a better financial position than its competitors, most notably Pivotal, gives the company some real reasons to be smug right now. Kelly would not divulge details of January`s announcements, but it sounds like there will be a positioning overhaul coupled with some new products and the cranking of some of its existing modules. Whatever it is, it should help define the CRM market for 2002.

[circuit]

SAP/Adobe/BEA/RSA....alls sind riskant, aber....

CHRD "wird aber seine Zahlen" erreichen:


Wednesday December 12 05:00 PM EST
`Tis the season for sales quotas
By Tiffany Kary CNET News.com
Business software companies could end up missing Wall Street`s estimates next year as edgy sales reps worried about losing their jobs rush to close deals in the fourth quarter, leaving the well dry for the first quarter, according to Wall Street analysts.

More resources from CNET:
• Browse CNET`s Gift Guide
• Daily Deals on Digital Cameras
• Top 5 DVD players
• Tech Stocking stuffers

CNET Newsletters:
News.com Daily Dispatch
News.Context (weekly)
News.com Investor (Daily)


More Newsletters
(CNET Networks Privacy Policy)
News.com Video:

• Excite@Home`s rise and fall


As if technology companies didn`t have enough to worry about in a recession, now analysts have added job insecurity among the sales force as a factor that could cause software companies to miss future quarters.

"In an environment where unemployed sales reps are available and software companies are extremely cost-conscious, sales reps are more determined than ever to make their quotas," said Thomas Weisel Partners analyst Keith Gay. He explained that though software companies usually harvest more deals in the fourth quarter than in any other quarter, this year it`s intensified due to the weak economy.

The problem, analysts say, is that all this activity takes from future sales, which could make for even weaker first quarters than usual.

Gay was speaking at his company`s investor conference call to discuss "Tis the Seasonality for Software," a 55-page research report released by Thomas Weisel Partners on Wednesday.

Other analysts have pointed out this magnification of the seasonal sales trend.

"They`ve been trying to bridge a gap by draining their pipeline, but now the other side of the bridge isn`t going to be there," said Bernstein analyst Charles DiBona.

The phenomenon is accelerated by managers` incentives that can give salespeople up to three times as much commission on deals made once their quotas are surpassed. Large, savvy customers also feed the frenzy by agreeing to close the deals by a certain date so that a sales rep can make quota--often in exchange for a better rate later, analysts said.

What to expect
Though analysts usually take seasonal fluctuations into consideration when they make their earnings estimates, Thomas Weisel analysts said Wall Street hasn`t fully accounted for the effects the fourth-quarter sales rush will have on the first quarter.

"Street expectations do not adequately account for these software seasonality effects," Gay said. "This is where we differ from other takes on these stocks."

According to Gay, the software stocks can be divided into two categories: those at risk of missing estimates, and those that are safe bets to hit their financial targets.

***

Adobe Systems, BEA Systems, Business Objects, Informatica, RSA Security, SAP, Stellent and Vignette are in the risky category, he said, but Chordiant Software, Check Point Software, Citrix Systems and Interwoven should make their numbers because analysts have already cut estimates sharply.

Gay said several of these stocks became overvalued after the Nasdaq`s recent rebound and are likely to fall at the first whiff of disappointment. "In September we looked at valuations and said investors should increase their exposure to software stocks," he said. "We now see investors have returned back into them and several have doubled."

Added Thomas Weisel analyst Tim Klaswell, "The third quarter may have been a bottom for the software sector, but (stock) prices have doubled, so you now have to look at each stock individually."

What`s all the fuss?
Some analysts were skeptical that the fourth quarter would be any different from the previous two.

"These salespeople have been scrambling for the last one or two quarters to save their jobs," said SunTrust Robinson Humphrey analyst William Chappell Jr. Indeed, several software companies have already warned that their first quarters will be weak.

Analysts also cautioned investors about taking such a short-term view of stocks. "If investors are looking at this sector, they should be looking six months out," Chappell said.

But most analysts admit that they look closely at the activities of a software company`s sales force when determining financial estimates or longer-term views of the company.

Chappell, for one, said he often looks at the percentage of sales representatives who make it into their companies` "president`s clubs" or "chairman`s clubs" as a reward for making quotas.

"It gives me a better sense of the productivity of the sales force."

But this year, seasonality is affecting Chappell`s research, too. "Managers have lowered the bar for entry into presidents` clubs by at least 30 percent," he said