Warum man vor dem 21.2. (Mittwoch) Portal Software Kaufen sollte !!!? - 500 Beiträge pro Seite

[buck.]

Portal Software (NASDAQ: PRSF), mit Hauptsitz in Cupertino, Kalifornien, liefert mit seinem Customer Management- und Billing-System die Basis für Business Infrastruktur im Internet. Die Portal Echtzeitlösungen Infranet und Infranet IPT als Speziallösung für IP-Telefonie wurden für ISPs, Telekommunikationsprovider und Internetfirmen entwickelt. Sie erlauben, neue Dienstleistungen schnell zu entwickeln, preislich zu gestalten und auf den Markt zu bringen sowie nach Bedarf zu skalieren. Konten können sofort eingerichtet und einfach verwaltet werden. Abrechnungssysteme sind flexibel und sicher. Provider können sich jederzeit über den gegenwärtigen Stand eines Kundenkontos informieren und auf Knopfdruck Berichte zu Finanzen, Marketing und Kontobewegungen generieren. Die Kundenliste von Portal umfasst weltweit mehr als 300 Unternehmen, darunter Deutsche Telekom T-Online, Viag Interkom, France Telecom, Telecom Italia, US West, UUNET, Terra Networks, Telenor, Telewest, Bell South, Inktomi, Palm Computing, Microsoft Networks, Agillion, PSI, Qwest Communications. Weitere Informationen finden sich im Internet unter www.portal.com.




...das war vor dem Absturz nach den letzten Quartalszahlen:

3.10.2000
Portal Software unbedingt kaufen
Changewave
Jeder, der Breitband- (egal ob DSL oder Kabel) oder ASP-Dienste anbiete, müsse in der Lage sein, diese auch in Rechnung zu stellen, betont Tobin Smith, Anlagenberater für zukunftsweisende Technologien, von Changewave. Portal Software (WKN 922161) sei der unbestrittene Marktführer im Bereich Infrastruktur für die Rechnungslegung in Echtzeit.

Portal erzeuge eine Reihe von Management- und Verrechnungssoftware - Produkte für Internetanwendungen. Zu seinen Partnern gehörten so bekannte Namen wie Cisco, Compaq, Sun Microsystems, Oracle und Microsoft.

In seinem ersten öffentlich notierten Jahr habe Portal bereits einen Umsatz von 100 Mio. $ erreicht. Auch davor habe Portal in den ersten 3 Jahren seines Bestehens bereits 79 Mio. $ Umsatz gemacht.

Cisco und HP hätten zu einem höheren als dem Börsenkurs eine Minderheitsbeteiligung erworben. Cisco habe die PRSF-Software fest in seinem System verankert, was für Portal einen entscheidenden Vorteil bedeute.

DSL werde bis 2003 von 1 Million auf 20 Millionen Installationen anwachsen. Dabei sei das Internet-Verrechnungssystem von Portal der Konkurrenz um 18 Monate voraus, und das in einem für das Funktionieren entscheidenden Bereich in einer der weltweit schnellst wachsenden Industrien.

Portal habe gerade die Schätzungen für das 3. Quartal übertroffen und werde im 2. Halbjahr 2000 seine Umsätze um 200 % erhöhen können.

Tobin Smith von Changewave rechnet damit, daß Portal Software innerhalb der nächsten 4-5 Jahre eine Marktkapitalisierung von 40-50 Milliarden $ erreicht und empfiehlt, unbedingt Aktien von Portal zu erwerben.




07.11.2000
Portal Software kaufen
Changewave

Die Abverkäufe von Portal Software (WKN 922161) letzte Woche seien eine gute
Gelegenheit gewesen, in die von Changewave schon früher empfohlenen Aktien von Portal Software einzusteigen.

Portal Software habe das deutsche Unternehmen Solution42, einen privater Anbieter drahtloser Servicetechnologie, für 7,5 Millionen Aktien erworben, die ungefähr einen Wert von 300 Millionen Dollar repräsentierten. Dieser Wert berechne sich anhand des Schlußkurses am 2. November von 39 7/8 Dollar. Durch die Akquisition werde Infranet, die führende Kundenmanagement- und Rechnungslegungsplattform von Portal, weiteren Segmenten von Internetusern der drahtlosen Daten- und Stimmübertragung nahe gebracht.

Was den Aktienkurs kurzfristig unter Druck gebracht hatte, war die Tatsache, daß Portal im vierten Quartal seines Geschäftsjahres 2001 eine einmalige Belastung an Forschungs-, Entwicklungs- und Akquisitionskosten ausweisen werde.

Es sei gut, sich daran zu erinnern, daß das Datum der Bekanntgabe der jüngsten Quartalszahlen der 21. November sei. Die Analysten von Changewave sind aufgrund neuer Geschäftsabschlüsse der Meinung, daß Portal mit einer Überraschung von 20 Prozent aufwarten werde. Diese sollte den Kurs noch vor dem Jahresende auf etwa 50 Dollar hinauf treiben.

Am 30. Oktober habe Portal auch angekündigt, daß Tin.it die Infranet Software von Portal gewählt habe, um seine Bedürfnisse auf dem Gebiet des Kundenmanagements unter Rechnungslegung zu erfüllen. Tin.it, das im Eigentum der Telekom Italia stehe, sei Italiens größter Internet Service Provider mit über drei Millionen Kunden. Infranet werde Tin.it unter anderem in die Lage versetzen, eine große Anzahl von Preisvarianten zu testen und anzubieten. Nach Angaben des Unternehmens sei dieser Vertrag aufgrund der großen Anzahl von Kunden von Tin.it  umfangreicher als normal. Außerdem dürfte der Vertrag noch in das Oktober Quartal eingerechnet werden.

Was dabei besonders wichtig sei, ist, daß Portal wieder einmal bei einem wichtigen Vertrag über seine Mitbewerber gesiegt habe. Im letzten Quartal habe Portal in Europa noch ein Umsatzwachstum gegenüber dem Vorquartal von nur acht Prozent ausgewiesen (im Vergleich zu 27 Prozent in Nordamerika und 72 Prozent in Asien). Dies aber sei bereits der zweite europäische Vertrag in diesem Monat, woraus geschlossen werden könne, daß die Entwicklung jetzt auch in Europa besser vorankommen werde.

Das kurzfristige Kursziel aus der Sicht von Changewave lege bei 50 Dollar. Jede Kursschwäche sei eine Gelegenheit, hier eine Positionen aufzubauen.




Die letzten Quartalszahlen (die Zahlen lagen 2 cents über denn Erwartungen), danach Absturz um mehr als 50% an einem sehr schwachen nasdaq-Tag (Grund: stagnierenden US-Umsätze wegen Ausgabestop bei Telekomfirmen):
Portal Software Reports Record Third Quarter Fiscal 2001 Operating Results
Revenue rises 157% year-on-year with record operating profits

Cupertino, Calif., (November 21, 2000) – Portal Software, Inc. (NASDAQ: PRSF), today reported record financial results for the third quarter fiscal 2001 ended October 31, 2000 with strong growth in revenue and operating profit. Revenue for the third quarter was $72 million, a 157% increase over revenue of $28.1 million for the third quarter of fiscal 2000 and a 12% increase over the second quarter of fiscal 2001. Net income for the third quarter of fiscal 2001 was $7 million or $.04 per diluted share, compared to a net loss of $1.7 million, or $.01 loss per share in the third quarter of fiscal 2000, and net income of $5.6 million, or $.03 per diluted share in the second quarter fiscal 2001.

Revenue for the first nine months of fiscal 2001 ended October 31, 2000 was $187 million, a 192% increase over revenue of $64 million for the first nine months of fiscal 2000. Net income for the first nine months of fiscal 2001 was $15.7 million, or $.09 per diluted share, compared to a net loss of $8 million, or $.07 loss per share for the first nine months of fiscal 2000.

“During the third quarter, Portal made significant progress in executing our strategy of continuous leverage and expansion of our market leading position with strong progress in winning new business from large communications carriers,” said John Little, founder and CEO, Portal Software. “The recent acquisition of SOLUTION42 enables Portal to further expand our market position in the broader multi-billion dollar wireless 2.5 and 3G billing markets.”

“We experienced solid performance in the third quarter, reflecting the strength of our portfolio business model,” said Jack Acosta, chief financial officer, Portal Software. “Revenue performance in Asia and Europe was particularly strong, contributing to bottomline growth.”

During the quarter, Portal attained significant momentum with leading telecommunications providers with the announcement of business wins with several major carriers worldwide including Telecom Italia, the national carrier in Italy; Telecom Malaysia, the national carrier in Malaysia; NTTPC, a subsidiary of NTT in Japan; Bezeq Israel Telecom, the national carrier in Israel; Iceland Telecom, the national carrier in Iceland; Clearnet Communications, a leading wireless carrier in Canada; and UUNET, a Worldcom company in North America. Portal also recently announced that Infranet has been chosen for the Billing Reference Model of British Telecommunications, one of the world`s leading providers of telecommunications services.

Portal continued to build momentum in the next-generation voice marketplace with the announcement of new partnerships with softswitch technology leaders, and a number of market leading customers offering next generation voice services including Dialpad, Wherever.net, Pagoo, Auraserv, and Convergent Communications.

Portal continued to add customers and partners for next generation services in emerging markets for application service providers (ASP), digital content and B2B exchanges. Portal announced an alliance with Dell, Xevo and Microsoft to deliver infrastructure technology and operations management solutions to the ASP market in the US, and a partnership with Microsoft to target application service providers hosting Microsoft’s Exchange 2000. A new solution set for the digital content market was launched by Portal, Inktomi, Redback and Sun Microsystems enabling a plug-and-play method to deploy new digital content services. Portal and Network Appliance announced an agreement to enable content management, distribution, and billing for emerging content delivery networks (CDNs). In addition, Portal announced that i2 will incorporate Infranet into its TradeMatrix e-business platform for B2B marketplaces.

Portal also continued the ongoing expansion of key partnerships and solution sets in the wireless market during the quarter announcing the selection of Infranet for the Microsoft Mobile Information 2001 Server, a solution set that enables wireless service providers to offer customers mobile access to Windows-based applications and the Internet. Portal’s role in the Oracle 9i Application Server Wireless Edition solution set was also announced, with the Oracle Wireless Partner Initiative.

Portal will discuss its third quarter fiscal 2001 results and other financial and business information in a conference call on November 21, 2000, beginning at 2:00pm PST. A webcast of the conference call will be available to all interested parties at www.vcall.com.

About Portal

Portal Software, Inc., is building business infrastructure for the Internet. Based in Cupertino, Calif., Portal is a leading provider of customer management and billing software for Internet and emerging, next-generation communications services. The company’s real-time solution enables service providers to manage customers, support services and collect money. Portal’s customers include Qwest Communications, MCI WorldCom, Inktomi, Deutsche Telekom’s T-Online, Telenor Mobil AS, Sonera and France Telecom.



21.11. 22:38
Portal Software - Quartalszahlen
------------------------------- ------------------------------- --------------------


Der Softwarehersteller Portal Software veröffentlichte für das dritte Quartal besser als erwartete Ergebnisse.

So lag der Gewinn bei 7 Mio. US-$ oder 0,04 US-$ je Aktie. Analysten erwarteten 0,02 US-$ Gewinn pro Aktie. Im Vorjahreszeitraum wurde noch ein Verlust von 1,7 Mio. US-$ verbucht. Der Umsatz im dritten Quartal betrug 72 Mio. US-$, ein Anstieg um 157 % zum Vorjahr. Der Umsatz war besonders in Asien und Europa sehr hoch.

© BörseGo.de



1. + 2. Downgrade: Goldman Sachs + Prudential Securities:
Portal Software Nose-Dives 62.4% on Outlook(?????!!!!!)
By TSC Staff

11/22/00 11:08 AM ET



Portal Software (PRSF:NYSE - news) was down 62.4% in midmorning. Late Tuesday the company reported third-quarter earnings of 4 cents a share, 2 cents better than the Street`s estimate and up from a year-ago loss of 1 cent.

But Goldman Sachs downgraded it to market perform from recommended, citing the company`s comments about slower growth due to the tightening capital markets. Goldman said it expects Portal`s North American sales to be `sluggish` in the next couple of quarters. Prudential Securities downgraded it to accumulate from strong buy and slashed its target to $20 from $75.

Portal Software - nach Zahlen massakriert

Gut ist derzeit nicht gut genug. Am Tag nach der Bekanntgabe der durchaus soliden Quartalszahlen ist Portal Software, Hersteller von Online-Zahlungssystemen, in den freien Fall übergegangen.

Das Debakel zeichnete sich bereits im nachbörslichen Handel am Dienstag ab, als der Kurs um 21 Prozent fiel. Die Talfahrt setzte sich im regulären Handel am Mittwoch fort. Bis 11:20 New Yorker Zeit verlor der Titel knapp 60 Prozent auf 7,47 Dollar.

Am Dienstagabend hatte das Unternehmen einen Gewinn von sieben Millionen Dollar oder vier Cents je Aktie präsentiert, das Doppelte des von Analysten erwarteten Ergebnisses. Der Umsatz lag mit 72 Millionen Dollar 157 Prozent über dem gleichen Zeitraum des Vorjahres und 12 Prozent über dem Vorquartal.

Sogar beim Ausblick auf das kommende Quartal zeigte das Unternehmen sich zuversichtlich. CEO John Little sagte nach der Bekanntgabe, die `Pipeline` des Unternehmens sei voller als je zuvor.

Allerdings räumte Portal Software ein, dass die sinkenden Ausgaben einiger Telekom-Start-Ups für den Ausbau ihrer Netze auch geringfügige Auswirkungen auf das Unternehmen haben werden. Das Unternehmen erziele aber nur einen geringen Teil seines Umsatzes mit diesen Firmen.

Dennoch beeilten sich die Investmentbanken, ihre Bewertungen für den Softwarehersteller zu senken. CIBC World Markets beschnitt das Kursziel von 100 Dollar auf 40 Dollar. Begründet wurde das mit der schwachen finanziellen Situation der Telekoms, auch wenn Portal Software wegen seines diversifizierten Kundenstamms nicht unter Nachfragemangel leiden werde.

Bei Credit Suisse First Boston hieß es, die Anleger seien wahrscheinlich deswegen so enttäuscht, weil der Umsatz aus dem Lizenzgeschäft und die Bruttomarge unter den Erwartungen geblieben seien.


3. + 4. Downgrade:
Banc of America folgte mit einem Downgrade von Strong Buy auf Buy, Robertson Stephens senkte von Buy auf Long Term Attractive.

Portal Software erwartet für das nächste Quartal einen Umsatzzuwachs von 13 bis 16 Prozent auf 81 Millionen bis 83 Millionen Dollar. Für das Fiskaljahr 2002 zeigte sich das Management zufrieden mit den Prognosen. Von einer Verlangsamung bisher also keine Spur. Marktbewegungen wollen dennoch von Analysten kommentiert sein.



23.11. 00:42
Portal Software - fällt 64%
------------------------------- ------------------------------- --------------------


Die Aktien des Unternehmens Portal Software mussten heute einen herben Rückschlag in Höhe von 64% auf nunmehr 6,75 US-$ hinnehmen.

Grund dafür sind negative Analystenstimmen über die Wachstumsaussichten des Unternehmens. So ließ Goldman Sachs verlauten, dass aufgrund der geringeren Liquidität vieler Telekomunternehmen Portal Software in den nächsten Quartalen mit weniger Umsätzen im Nordamerikanischen Bereich rechnen muss, als bisher erwartet wurde. Zudem stufte Goldman Sachs die Aktie auf Market Performer herunter.

Schon jetzt gäbe es, laut des Analystenhauses, Probleme bei den Umsätzen, so seien etwa 22% der Einkünfte bei der Transaktionseinheit im abgelaufenen Quartal ausgefallen, da die Kunden die Anforderungen von Portal an die Finanzierung nicht erfüllten. So seien die Umsätze in Nordamerika jedes Quartal um 20% gestiegen, doch im letzten, so Goldman Sachs, nur um 2%. Der Nordamerikabereich nimmt etwa 56% des Gesamtumsatzes von Portal ein.

Andere Analystenhäuser reduzierten auch ihre Einstufungen. So stufte Prudential Securities das Papier auf Akkumulate herab, Robertson Stephens auf Attractive und Banc of America Securities auf Buy.

© BörseGo.de


...nur einer schwimmt gegen den Strom, ein Irrer?
30.11.2000
Portal Software kaufen
Changewave

Tobin Smith, Chefanalyst von Changewave, einem auf zukunftsweisende Technologien spezialisierten Investmentberater, empfiehlt, die kürzliche Halbierung des Kurses von Portal Software (WKN 922161) zu nützen, um Aktien des Unternehmens zuzukaufen.

Die Aktie werde zwar in den nächsten Tagen weiterhin unter Verkaufsdruck stehen. Die Gewinne von Firmen wie Portal Software würden aber auch im nächsten Jahr um 100 % oder mehr wachsen und dann, etwa im Frühling, werde der Kurs des Unternehmens wieder seinen früheren Wertaufschlag erzielen.
Die von Portal im Rahmen der Ergebniskonferenz bekanntgegebenen Daten seien von den großen Investoren mißinterpretiert worden. Portal habe im 3. Quartal ein Umsatzwachstum um 157% auf 72 Mio. $ und einen Quartalsgewinn von 0,04 $ bekanntgegeben, was wesentlich besser als die erwarteten 0,02 $ gewesen sei.
Es stimme wohl, daß der Umsatz im abgelaufenen Quartal geringer gestiegen sei als in den früheren Quartalen, dies werde aber vom Unternehmen nur als Verschiebung gesehen. Immerhin sei die Anzahl der Neukunden in diesem Quartal um 62 auf nunmehr 381 gestiegen, von denen die Hälfte außerhalb der USA zu finden seien.

Zwar sei es kein Geheimnis, daß die Ausgaben von Internetprovidern, lokalen Telefonanbietern und DSL-Providern in den USA rückläufig seien, aber alle diese Unternehmen müßten weiterhin in sichere Rechnungslegungssoftware investieren. Außerdem werde ein großer Anteil des zukünftigen Geschäfts von Portal in der drahtlosen Verrechnung der 3. Generation gemacht werden. Dabei gehe man von der Annahme aus, daß die durchschnittliche Rechnungssumme der Kunden von derzeit durchschnittlich 38 $ auf 75 $ und mehr ansteigen werde. Dies sei darauf zurückzuführen, daß die Kunden ihre Handygeräte für Käufe aller Art verwenden würden.

In all diesen Fällen werde aber die Software von Portal benötigt. Niemand bestreite, daß Portal der klare Marktführer in der Rechnungslegungssoftware der nächsten Generation sei. Selbst wenn die Zahlen in den USA eine Zeit lang etwas niedriger ausfallen würden, gelte immer noch, daß Portal einen wachsenden Anteil seiner Umsätze außerhalb der USA tätige.
Man solle sich hier nicht täuschen lassen: Portal habe einen Marktanteil von 80 % der größten 25 Telekomunternehmen weltweit. 10 der größten 10 europäischen und 4 der 5 größten asiatischen Gesellschaften würden zu den Kunden von Portal gehören.

Die vom Management bekanntgegebene Richtzahl für das sequentielle Wachstum im 4. Quartal sei 13-16%, was mehr sei als von allen Analysten angenommen. Man erwarte einen Gewinn von 0,03 $/Aktie, bei Changewave rechne man eher mit 0,05 $. Ein Einstiegskurs bei Portal unter 7 $ sei daher eine ideale Gelegenheit, um im Rahmen der allgemeinen Markterholung im Frühjahr hohe Gewinne einzufahren.

...was ist im letzten Quartal (Anmerkung 4 Quartal von 1.11.-31.1.) passiert und warum bin ich so optimistisch:

3.11.
Solution42 - IPO abgesagt

Die Solution42 AG, Anbieter von Abrechnungssystemen, hat ihren Börsengang abgesagt. Ein Sprecher der Westdeutschen Landesbank Girozentrale bestätigte dies am Freitag - die für den 6. November anberaumte Emissionspressekonferenz findet nicht statt. 
Die Ankündigung von Solution42, durch eine andere Gesellschaft übernommen zu werden, führte laut WestLB zu der Absage. Wie am Freitagnachmittag bekannt wurde, handelt es sich dabei um die an der US-Börse Nasdaq notierte Portal Software [Nasdaq: PRSF Kurs/Chart ]. Portal werde an die Solution-Aktionäre Anteile an der deutschen Niederlassung ausgeben. Diese könnten in bis zu 7,5 Millionen Stammaktien getauscht werden, was einem Anteil von rund vier Prozent des fusionierten Unternehmens entspreche, teilte ein Sprecher von Solution mit.
Portal Software kauft SOLUTION42 SOLUTION42 sagt Börsengang am Neuen Markt ab

Portal Software Inc. (NASDAQ: PRSF), Anbieter von Business-Infrastruktur-Software für Breitband, Wireless Internet und innovative Kommunikations-Services, hat mit dem privat geführten deutschen Unternehmen SOLUTION42, Spezialist für die Vermittlung, Provisioning und Verpreisung für wireless Sprachübertragung, fusioniert. Die Customer Management- und Billing-Lösung Infranet von Portal Software wird so erweitert durch ein Produkt für den 3G- und 2.5G-Markt für Wireless Data und Voice. SOLUTION42 wird voll in das Unternehmen Portal Software integriert und arbeitet künftig unter diesem Firmennamen.

Im Rahmen der Vereinbarung wird Portal Software an die Aktionäre von SOLUTION42 Anteile an der deutschen Portal Niederlassung ausgeben. Diese können dann in bis zu 7,5 Millionen Stammaktien umgetauscht werden. Dies entspricht in etwa 4 Prozent des neuen Gesamtunternehmens bei voller Verteilung der Aktien und beinhaltet eine Risikorücklast, die abhängig ist von dem Verbleiben der leitenden Mitarbeiter im Unternehmen über die nächsten zwei Jahre hinweg. Dieser Geschäftsabschluss wird als Kauf angesehen. Portal übernimmt eine einmalige Gebühr für Ausgaben durch laufende Forschung und Entwicklung sowie bestimmte Kosten, die durch die Übernahme entstanden sind, in das derzeitige vierte Quartal seines Geschäftsjahres 2001.

Durch Übernahme wird Expansion in den Multimilliarden Dollar Markt für Wireless Voice und 3G Billing vorbereitet

"Da sich die Wireless-Industrie in Richtung 3G-Technologie weiter entwickelt, benötigen Service Provider eine neue Business-Infrastruktur, die sowohl die aktuellen Sprachdienste als auch eine breite Palette von Value-Added Services und Applikationen unterstützt", sagt John Little, CEO von Portal Software, Inc. "SOLUTION42 ergänzt die bestehende Wireless Internet und Services Plattform von Portal zu einer umfassenden und in sich stimmigen Lösung für die weltweit führenden Mobile Service Provider."

"Unsere beiden Unternehmen passen gut zusammen, nicht nur deshalb, weil die Technologien sich ergänzen, sondern auch, weil SOLUTION42 und Portal Software eine gemeinsame Vision haben, sich der Innovation verschrieben haben und eine ähnliche Unternehmenskultur leben", meint Arno Schlösser, CEO von SOLUTION42. "Wir freuen uns darauf, Teil des Portal Teams und damit ein einflussreicher Faktor in der sich schnell entwickelnden, innovativen Wireless-Industrie zu sein."

Portal Software und SOLUTION42 ergänzen sich ideal - mit kleinen Überschneidungen bei der Technologie und den Ressourcen. Die beiden Unternehmen haben sogar gemeinsame europäische Kunden. SOLUTION42 bringt enormes Know-how für Customer Care & Billinglösungen für den Mobilfunk-Bereich sowie die Beibehaltung lokaler Telefonnummern in der drahtlosen Sprachübertragung mit, aber auch 100 Ingenieure und Professional-Services-Experten. Das deutsche Unternehmen SOLUTION42 hat seinen Sitz im Zentrum Europas, das weithin als führendes Zentrum für Innovationen in der drahtlosen Technologie angesehen wird, und verfügt über Kunden in allen Bereichen der Telekommunikationsindustie. Die ab sofort integrierte Lösung beider Unternehmen richtet sich an Kunden im innovativen Wireless-Markt wie auch an Unternehmen, die bestehende Fixed Wireless- und Breitband-Angebote durch leitungsvermittelte Sprachfunktionalitäten ergänzen möchten.

"Die Wireless-Industrie befindet sich im Umbruch - Mobile Service Provider haben die Chance, neue Dienste zu entwickeln und ganz neue Einnahmequellen zu erschließen", sagt Alexandre Haeffner, CEO von Global Telecom, Media & Networks, Cap Gemini Ernst & Young. Durch die Integration der SOLUTION42 Wireless Voice-Lösung wird Portal sein Geschäft auf die viel versprechenden 2.5G- und 3G-Märkte ausdehnen. Dies ermöglicht es Wireless Providern, schnell aktuelle und zukünftige Sprach- und Datendienste abzuwickeln und zu unterstützen. Cap Gemini Ernst & Young glaubt fest daran, dass die Abrechnungslösungen der Zukunft eine Kombination aus den besten der derzeit erhältlichen Technologien und starken Integrations-Funktionalitäten sind."

Die Unternehmen
Portal Software (NASDAQ: PRSF), mit Hauptsitz in Cupertino, Kalifornien, liefert mit seinem Customer Management- und Billing-System die Basis für Business Infrastruktur im Internet. Die Portal Echtzeitlösungen Infranet und Infranet IPT als Speziallösung für IP-Telefonie wurden für ISPs, Telekommunikationsprovider und Internetfirmen entwickelt. Sie erlauben, neue Dienstleistungen schnell zu entwickeln, preislich zu gestalten und auf den Markt zu bringen sowie nach Bedarf zu skalieren. Konten können sofort eingerichtet und einfach verwaltet werden. Abrechnungssysteme sind flexibel und sicher. Provider können sich jederzeit über den gegenwärtigen Stand eines Kundenkontos informieren und auf Knopfdruck Berichte zu Finanzen, Marketing und Kontobewegungen generieren. Die Kundenliste von Portal umfasst weltweit mehr als 300 Unternehmen, darunter Deutsche Telekom T-Online, Viag Interkom, France Telecom, Telecom Italia, US West, UUNET, Terra Networks, Telenor, Telewest, Bell South, Inktomi, Palm Computing, Microsoft Networks, Agillion, PSI, Qwest Communications. Weitere Informationen finden sich im Internet unter www.portal.com.

Die SOLUTION42 AG mit Sitz in Quickborn bei Hamburg wurde im Oktober 1997 gegründet und zählt zu den am schnellsten wachsenden Anbietern von sogenannten Customer Care- und Billing-Lösungen für Netzwerkbetreiber und Service-Provider. Ihre Lizenzprodukte werden eingesetzt um Daten zu verarbeiten, Leistungen abzurechnen und Kundeninformationen zu analysieren. SOLUTION42 hat durch sein zukunftsgerichtetes Produktkonzept, das auf Modularität und Flexibilität basiert, binnen kurzem eine bedeutende Marktposition aufbauen können und mehr als 25 Kunden gewonnen. Für das Unternehmen arbeitet zirka 140 Mitarbeiter. Der CEO und Mitbegründer Arno Schlösser hatte genauso wie Andrew Tan, CTO und ebenfalls Mitbegründer des Unternehmens zuvor eine leitende Position bei Talkline in Elmshorn inne.



8.11.2000
Siemens Teams with Portal Software to Deliver New IP Services to Next-generation Service Providers
Cupertino, Calif., (November 08, 2000) – Portal Software Inc. (NASDAQ: PRSF), a leading provider of business infrastructure software for Internet and next-generation communications services, announced today that it has signed a strategic business alliance agreement with Siemens AG, Information and Communication Networks group to deliver value-added IP service solutions for Internet and next-generation service providers.
The Siemens` value added service solution consists of the Service Selection Center (SSC), developed by the Boston based Siemens` subsidiary Unisphere Networks Inc., and Portal Software`s Infranet®. The solution offers Internet gateway access to ISPs and empowers subscribers to select content and a variety of network services from a personalized user interface. Portal`s Infranet has been integrated into the interface to provide the customer management and billing solution for content and services.
SSC provides ISPs with a flexible infrastructure to quickly create price and provision revenue generating IP-based services. Infranet helps manage the growing number of value-added services offered to subscribers as well as the customer accounting and billing requirements. With Portal`s Infranet, SSC has the unique capability of capturing, rating and managing customer accounts and usage events in real time. Additionally, SSC enables ISPs to increase service revenue, open up pay-as-you-go and pay-per-view options to strengthen customer relationships and reduce churn as well as attract new consumers with popular content and provider brand names. SSC also empowers end-users to have direct control over their service profiles

16.11.2000
Network Appliance and Portal Software Enable New Revenue-Generating Services for Next-Generation Content Delivery Networks

SUNNYVALE, Calif., Nov 16, 2000 (BUSINESS WIRE) -- Network Appliance, Inc. (Nasdaq: NTAP chart, msgs), the leading provider of network-attached data access and content delivery solutions, and Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of customer management and billing software for Internet and next-generation communications services, today announced an agreement to enable content management, distribution, and billing for emerging content delivery networks (CDNs). The two companies will collaborate to develop a seamless integration between Network Appliance(TM) solutions and Portal`s Infranet(R) customer management and billing platform. The integration enables CDNs and service providers to catalogue server usage, create flexible business models and develop new revenue streams from their networks.

Network Appliance solutions address the expanding requirements of today`s content delivery network infrastructure -- from content staging, deployment, and delivery to distribution management and reporting. Portal Software provides real-time customer management and billing that enables the monetization of distributed content and services.

CDN platforms based on the Network Appliance suite of content management and delivery products coupled with Portal`s Infranet billing software provide tools for revenue generation from value-added services such as video on demand and localized ad insertion. This solution allows service providers to distribute rich media to their networks using Network Appliance filers, content delivery appliances and ContentDirector software; and manage and track content usage via ContentReporter software. Portal`s Infranet will enable management of subscriber accounts and will facilitate the development and billing of a wide range of pricing models including pre-paid, subscription-based, usage-based or quality-of-service-based models designed to maximize revenue generating opportunities.

20.11.
Business Objects and Portal Software Announce Alliance to Integrate E-Business Intelligence With Customer Management and Billing
SAN JOSE, Calif., Nov 20, 2000 (BUSINESS WIRE) --

BusinessObjects Rapid Deployment Template Gives Customers Quick Access
to Portal Infranet Data

Business Objects (Nasdaq: BOBJ chart, msgs), the world`s leading provider of e-business intelligence (e-BI) solutions, today announced an alliance with Portal Software, Inc. (Nasdaq: PRSF chart, msgs) that will help the companies` joint customers better access, analyze, and share their customer management and billing information.

Customers using WebIntelligence(R) or BusinessObjects(TM) in conjunction with Portal`s Infranet(R) software can now take advantage of a BusinessObjects Rapid Deployment Template (RDT) to gain a better understanding of their Infranet data. BusinessObjects RDTs offer prebuilt reports on enterprise software such as Portal`s Infranet, enhancing the users` experience with easy-to-use query, reporting, and analysis functionality for their application data. Using Infranet together with WebIntelligence, Portal Customers can analyze subscriber data through their web browser in real time.




5.12.
Portal Software and Openwave Team to Enable Enhanced Billing for Wireless Services
Infranet and Up.Link Server Optimized to Provide a Powerful Platform For Wireless Billing
CUPERTINO, Calif., and REDWOOD CITY, Calif., Dec 5, 2000 /PRNewswire via COMTEX/ -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for Internet, wireless and next-generation communications services, and Openwave Systems Inc. (Nasdaq: OPWV chart, msgs), the combination of Phone.com and Software.com, today announced that the companies have entered into an agreement to bring billing functionality to the rapidly growing wireless Internet. The companies have collaborated to optimize their respective technologies in order to make it possible for carriers to quickly come to market with integrated enhanced billing services.

3.1.2001
ClearCommerce and Portal Software Form Alliance to Manage Customer Accounts Online
Communication Service Providers Will Benefit From Fast & Functional Payment Solutions

AUSTIN, Texas, Jan 2, 2001 /PRNewswire via COMTEX/ -- ClearCommerce Corporation, a provider of transaction management and fraud prevention software for e-commerce, today announced an alliance with Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services. Together, ClearCommerce and Portal will enable commerce service providers (CSPs) and ISPs to accelerate customer account development.

Portal Software`s Infranet(R) platform supports the creation and management of online customer accounts. By managing customer relationship and billing services in real-time, Infranet allows providers to bring new services to market quickly while increasing profitability and improving customer satisfaction. In connection with this initiative, the integration of Infranet with the ClearCommerce(R) Engine enhances the speed and security necessary when handling high volumes of online transactions.



8.1.
BT: BT Ignite Content Hosting selects Portal Software for Pan-European rating and billing platform; Leading European web hosting player to use Infranet across Europe
JAN 8, 2001, M2 Communications - London -- BT Ignite Content Hosting announced today that it has chosen Portal Software Infranet(r) platform for its rating and billing functionality. Infranet( will be used in support of BT Ignite`s pan-European content hosting business. Portal`s business strategy for the global IP market builds on experience gained worldwide where Portal`s real-time software is the leading customer management and billing platform for IP-based businesses.


9.1.
Taiwan`s eASPNet Chooses Portal Software to Support Fast Rollout of ASP and Internet Data Center Services
CUPERTINO, Calif., Jan 9, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (NSDQ:PRSF), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, has been awarded a contract from eASPNet, Taiwan`s leading ASP and Internet Data Center (IDC) service provider.

Formed by a consortium of blue chip Taiwanese and Asian companies, eASPNet plans to offer enterprise customers - initially in Taiwan and eventually across Asia - a full range of e-business and ASP services. At approximately 105,000 square feet, eASPNet`s IDC will be one of the largest carrier-grade IDCs in Asia. The company chose Infranet to support the rapid rollout of new services.

`IDCs and ASPs are becoming increasingly important in Asia as more companies outsource their Web-based and enterprise IT infrastructure and applications,` said Eddy Lee, CTO of eASPNet. `It is important to provide flexible billing solutions to support things like special service bundles and tariffs. Portal`s Infranet(R) will help us to react quickly to the changing billing needs of our IDC and ASP customers.`

IDCs accommodate the high traffic and bandwidth needs of today`s advanced Internet applications. The billing environment is complex since the IDC model supports a wide variety of different criteria by which providers can bill their customers. For example, traffic pricing options might be based on bandwidth usage or the amount of data transferred.

`ASPs and IDCs are playing a key role in fuelling Taiwan`s Internet economy,` said Robert Lau, vice president of Portal Software, Asia Pacific. `We are delighted to be part of this growth and to be supporting eASPNet`s advanced IDC and ASP services with Infranet. Our platform will provide an infrastructure to support the rapid rollout of new services, helping eASPNet to accelerate its time-to-market.`

Infranet is the industry`s leading carrier-class, comprehensive customer management and billing software for next-generation communications services. Highly scalable, Infranet enables service providers to capitalize on the exploding Internet and next-generation business market by managing customers, supporting new and evolving services, and collecting money - all in real-time.

About eASPNet


eASPNet is a full-Service Provider offering trusted end-to-end managed Internet Data Center (IDC), Application Service Provider (ASP) and eBusiness solutions in the Asia Pacific region. eASPNet is enabling innovative Internet hosting and managed application solutions to enterprises of all sizes with best in class technologies and service capabilities. eASPNet is established by a group of global blue-chip corporations aiming to build a long-term sustainable and profitable business serving enterprises to adopt the new application provision model and eBusiness solutions. Visit us at www.easpnet.com.


16.1.
AP Engines and Portal Software Enter Alliance to Support Advanced Broadband Services
Companies provide subscribers provisioning, tiered billing for advanced broadband services and Open-Access capabilities for competing ISPs

MAYNARD, Mass., Jan 16, 2001 /PRNewswire via COMTEX/ -- AP Engines, a leading provider of integrated service creation and usage mediation software solutions, today announced an alliance with Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services. The alliance will expand service provider revenue and profit potential through seamless interoperability of new network elements and disparate OSS elements.

`AP Engines and Portal Software have teamed to provide operators with a unique solution to provision and bill for advanced communication services which extends the capabilities of legacy cable billing systems,` said Tim Hall, director of strategic alliances at Portal Software. `Our integrated solution with AP Engines enables operators to manage next-generation, high- margin services such as high-speed data, voice, and video, without disrupting the existing billing and support system infrastructure used for traditional analog TV services.

The agreement calls for AP Engines to integrate its AP InterLink(TM) software suite with Portal`s customer management and billing software, Infranet(R) a real-time flexible solution for the management of Internet and emerging next generation communication services. The combined technologies will allow providers to remotely activate broadband services through seamless provisioning of disparate network elements and services. As a result, providers can lower operating costs, widen revenue streams by activating more subscribers faster, develop innovative value-based pricing strategies, and accurately bill for new services through their existing back-office infrastructure.

Additionally, this solution enables cable operators to provide open access to multiple ISPs, with AP InterLink providing the necessary data transport mechanisms and database interfaces to Portal`s Infranet software, which allows shared subscriber account information among many systems, including traditional cable billing systems. The integrated technology allows MSOs to develop sophisticated billing strategies for service packages targeted at well-defined customer segments. These packages can be designed to win new customers, move network traffic to desired time slots, and right-price services to optimize revenue generation.

`It is critical for our customers to have integrated solutions for provisioning and billing of new services,` said Jon Sieg, president and CEO, AP Engines. `As such, our alliance with Portal helps service providers not only deliver and bill for advanced broadband services, but it also addresses the need for cable companies to seamlessly provide open access for their subscribers.`

@Network Chooses Portal Software to Support Growing Internet Data Center BusinessInternet infrastructure services provider says real-time customer management and billing platform is critical to Pan-Asian business growth
CUPERTINO, Calif., Jan 16, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, has signed a contract with @Network, Inc., a pan-Asian Internet infrastructure services provider. Under the terms of the contract, Portal will provide @Network with Infranet(R) software, Portal`s real-time customer management and billing platform.

@Network, headquartered in the U.S., has built an advanced Internet network capable of handling mission-critical e-business systems and bandwidth-intensive content distribution. Its infrastructure, footprint, and ability to offer managed network services provides a bridge for organizations wishing to do business in the Asia Pacific region.

@Network, which has opened four Internet Data Centers (IDCs) in the Asia Pacific region since late 1999, chose Infranet to help launch and support a variety of services that expand beyond basic infrastructure and co-location.



17.1.
China`s Liaoning Telecom Selects Portal Software to Support the Largest Provincial Public Communication NetworkInfranet to Support Largest PMCN in China with Capacity for 2.65 Million Users
CUPERTINO, Calif., Jan 17, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (NSDQ:PRSF), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, has signed a second contract with Liaoning Telecom. Portal`s customer management and billing platform, Infranet has been selected to support the expansion of Liaoning Telecom`s subsidiary, Liaoning Public Multimedia Communication Network (LPMCN).

LPMCN currently has the capacity to support 700,000 users in 14 cities throughout the Liaoning Province. When the expansion phase is complete, the network will be capable of supporting up to 2.65 million users, making it the largest provincial public information network in China. Portal Software will provide a comprehensive customer management and billing platform for the expanded network.

LPMCN is based on a triangular architecture with three main nodes in Shenyang, Dalian and Jinzhou. Portal`s Infranet DNA(TM) (Distributed Nonstop Architecture) will be implemented at the Shenyang node. With Infranet DNA, LPMCN can deploy a distributed implementation of the Infranet solution to guarantee uninterrupted service access and usage in the event that a main Infranet database shuts down or is inaccessible -- providing the fault tolerance and high availability Liaoning Telecom requires.

LPMCN was formed with the merger of Liaoning 163 and Liaoning 169 networks. Portal Software has worked closely with and Liaoning Telecom since the merger early last year. The successful implementation and performance of Infranet during the first phase of the project led Liaoning Telecom to extend its contract with Portal. LPMCN will further leverage Infranet`s flexibility and real-time functionality to increase customer satisfaction and profitability. With Infranet LPMCN can easily develop and deploy a variety of services, combined service offerings and improved service quality.



24.1.
Portal Software`s Infranet FreeServ Chosen by Tellme Networks
CUPERTINO, Calif., Jan 24, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, announced today that Tellme Networks, Inc. has selected Infranet(R), Portal`s customer management and billing platform. Tellme will initially implement Infranet FreeServ to manage database information for a broad range of consumer and enterprise applications running on Tellme`s industry-leading voice application network.

`Providing a great customer experience is paramount to Tellme,` said Jim Everingham, senior director of engineering. `Portal`s Infranet platform will help support the applications we build for businesses and consumers.`

`Tellme`s use of Infranet is another example of how Portal`s platform can be used to support the infrastructure needs of next generation voice service providers,` said Steve Sommer, vice president of marketing and business development for Portal Software. `Tellme is generating tremendous market awareness in a short time, and we`re excited they chose Portal to help support their application management.`



28.1.2001
Portal Software Announces Agreement to Provide Software Platform for Billing of America Online Services
CUPERTINO, Calif., Jan 29, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), today announced a multi-million dollar, multi-year contract with America Online under which America Online will license Portal`s Infranet(R)software platform. America Online plans to use Infranet business management and billing software to support a wide range of services.
"This contract with America Online is a major milestone for Portal Software and clearly demonstrates our ability to support the largest, most innovative market-leading companies," said John Little, president and CEO of Portal Software, Inc. "We`re very excited America Online chose Portal and look forward to supporting their innovative products and services over the coming years."
Robert Horton, Senior Vice President of Corporate Information Billing Systems at America Online said, "AOL is constantly looking for ways to enhance our members` online experience, and we look forward to working with Portal Software to utilize the extensive functionality and flexible architecture that the Infranet platform provides."
29.01. 15:47
Portal Software: Deal mit AOL Time Warner
------------------------------- ------------------------------- --------------------
(©BörseGo - http://www.boerse-go.de)

Portal Software steigt aktuell um 26% auf $13.38 nachdem das Unternehmen einen mehrjährigen Vertrag über mehrere Millionen US-Dollar mit AOL Time Warner schließen konnte. AOL Time Warner hat die Infranet Software Plattform von Portal Software für eigene Zwecke lizenziert. Susan Passoni von CS First Boston sieht den Deal sehr positiv und entscheidend für Portal Software.


30.1.
Seagate Software Announces Strategic OEM Deal With Portal Software
SCOTTS VALLEY, Calif., Jan 30, 2001 /PRNewswire via COMTEX/ -- Seagate Software, a leader in enterprise reporting and analysis, today extended its market leadership, announcing that a sizeable OEM agreement has been signed with Portal Software, Inc. (Nasdaq: PRSF chart, msgs). This new agreement is an extension of an already successful two-year relationship, reaffirming Portal Software`s strong support of Seagate Software technologies.

Under the new OEM agreement, Portal Software will incorporate Seagate Info, a market share leader in enterprise reporting, into Infranet(R), its industry leading customer management and billing platform. The agreement represents a significant opportunity for Seagate Info to extend its already ubiquitous presence in the market. With more than three million users in nearly 10,000 customer sites worldwide, Seagate Info integrates powerful analytic and reporting technology across a scalable and multi-tier architecture. The integration of Infranet and Seagate Info will empower Portal Software customers to access, analyze, report and share the valuable data stored in their information systems.

Portal Software has played a vital role in helping many of the world`s leading communication service providers develop powerful new business models. With customers across the globe, including Qwest Communications and France Telecom, Portal Software has cemented its leadership position in the next-generation communication services market. Portal Software`s business infrastructure software has been chosen as the standard customer management and billing platform in 20 end-to-end solution sets from 15 alliance partners across eight markets.

`Seagate Software demonstrated outstanding performance during the term of the original OEM agreement and Portal is pleased to extend the contract with Seagate Software,` said Bob Vieraitis, vice president product development at Portal Software, Inc. `Portal is committed to providing its customers with best-in-class solutions and Seagate Software`s quality product helps us meet that commitment.`

`This substantial deal with Portal Software reaffirms that our enterprise reporting solution is the most powerful solution for the business infrastructure that powers the Internet economy,` said Bill Gibson, chief operating officer at Seagate Software. `This strategic agreement will give Portal Software customers unequaled enterprise reporting capabilities.`

Seagate Software has a long history of successful OEM partnerships. Companies around the globe have established Seagate Info as the enterprise reporting standard for comprehensive powerful solutions. Currently, Seagate Software has more than 160 OEM partners, providing a wide variety of solutions including accounting and finance, manufacturing, telecom, healthcare, CRM, network and systems management, and more.


31.1.
Athene Software and Portal Software Announce Alliance
Integrated Offering Provides End-to-End Solution for Expanded Customer Care Capabilities
BOULDER, Colo., Jan 31, 2001 (BUSINESS WIRE) -- Jan. 31, 2001- Athene Software, a provider of customer-focused intelligent Customer Relationship Management (iCRM(TM)) software and Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, today announced an alliance to provide companies with enhanced customer relationship management solutions.

Under the terms of the agreement, Athene has integrated its APT Churn(TM) and APT Profitability(TM) software products with Infranet(R), Portal`s customer management and billing platform, to provide Communications Service Providers (CSPs) with the ability to increase customer retention and maximize profitability.



Cap Gemini Ernst & Young First to Implement Portal`s Next-Generation Voice and Data Billing Solution at Deutsche LANDTEL
Cap Gemini Ernst & Young Implementation Sets Telecom Start Up On Fast Track to Success
PARIS, Jan 31, 2001 /PRNewswire via COMTEX/ -- Deutsche LANDTEL, German subsidiary of European telecommunications provider LANDTEL N.V., has accelerated its entry to the German broadband market with the implementation of Portal Software`s best of breed voice- and data-enabled customer management and billing software platform to offer a wide range of innovative voice and data services. The convergent solution is based on Portal`s Infranet platform and circuit-switched voice products Portal acquired last year from SOLUTION42.

The convergent software platform enables Deutsche LANDTEL to bill both voice and data records from a single platform and to process up to 45 million call data records an hour, rating voice services from mobile, fixed and Web sources in parallel. With Portal`s real-time technology, Deutsche LANDTEL can quickly bring the new services to market, generate new sources of revenue, improving customer satisfaction and reduce costs.

The Deutsche LANDTEL solution is the first fully implemented next-generation solution which brings together the real time capabilities of Infranet and the new product sets resulting from the Portal acquisition of SOLUTION42. The entire system implementation was executed in just a few weeks by Cap Gemini Ernst & Young`s Telecom Media Networks.


CCI Embraces Portal Software to Support Its Rapid Growth Across Nine Latin American CountriesInfranet enables smooth integration of multiple billing systems into one platform for next-generation communications services
CUPERTINO, Calif., Jan 31, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, today announced that Convergence Communications, Inc. (CCI) has licensed Infranet(R), Portal`s customer management and billing platform.

CCI, a pan-regional facilities-based operator of broadband telecommunications networks in Latin America, selected Infranet to expand its IP service offerings and consolidate multiple billing systems.

CCI is a facilities-based provider of integrated broadband telecommunications solutions to business and government customers in ten countries including: Mexico, Central America, and Venezuela. The company provides integrated, end-to-end communications solutions that meet the diverse needs of more than 49,000 businesses over a common IP-based technology platform. Like others in its industry, CCI is moving quickly to evolve its solutions to meet changes fueled by the Internet.

As part of its rapid expansion strategy, CCI purchased five companies over the last year and is relying on Infranet to consolidate billing and collections practices across nine countries, including successfully accommodating multiple languages and currencies. By adopting Infranet, CCI expects to experience a 60 percent increase in productivity and a 30 percent reduction in billing costs, as well as incremental revenue through improved customer service.



Fundamentale Einschätzung von Seth(boerse-go):

seth77
Moderator

Registriert seit: May 2000
Beiträge: 429


Portal Software stürmt durchs Tor -der Türschlüssel sind jedoch exclusiv "downgrades.
Hallo buckweiser, Portal Software Fan!

einige Fundi-Anmerkungen:

1. Insider:

haben sich bereits im September bedient, derzeit Verkäufe stark abnehmend, Fonds springen ab, aber weniger als bisher wohl.

Summe: leicht positiv


2. Analysten

Problem: Gefahr von weiteren Downgrades, 5strong, 8buy, nur 1 hold.........Summe: Vorsicht

3. Earnings szrprise: immer positiv bisher...aber nicht übergewixchten....

4. Bilanz: innerer Wert: 1,5 Dollar/Aktie, sehr solide, deferred revenues weisen daraufhin daß nächste Zahlen sehr positiv ausfallen, .......

5. Income Statement: sehr solide, gross margin gut, Verwaltung, Forschung etc. o.k., Wachstum derzeit 20% sequentiell, könnte sogar bis 35% nächstes Quartal gegen Trend sein n. meinen Indikatoren........

Umsätze: 50, dann 64, dann 72..nächstes Quartal worst 77 realistic: 84-98 (mitte 91)....

leichter Gewinn (am Wendepunkt) -ebenfalls postivi....

Problem: über 170 Mio. Aktien, daher (Verwässerung große) eine Aktie "relativ" wenig wert!!!!

Gewinn/Aktie/Qujatal derzeit 4 cents, rechne per 2002 10 cents im Quartal und im Jahr ca. 50 cents, daher KGV per 2002 ca. 17.

FAZIT: Aus Fundi Sicht ist die Aktie gut. Probleme sind die hohe Aktienanzahl, keine Insiderkäufe, Rückgang Fondsengagement sowie das hohe KGV per 2002 von 16, aktuell 100.

Positiv beste Bilanzrelationen, gutes und beständiges Wachstum, solides Management das Kosten im Griff hat, erstes downgrade, Gewinnzone längst erreicht.

Also -bei Charttechnik grün -long-term buy.
Am besten fundamental nach Rückschlag unter 7 Dollar wegen hohem KGV oder noch besser warten bis 1 oder 2 weitere downgrades (davor nur "spekulatives buy").

Greetings

Seth



5.downgrade:
RESEARCH ALERT-Merrill cuts Portal Software EPS
NEW YORK, Feb 9 (Reuters) - Merrill Lynch said it reduced its fiscal 2002 earnings estimate on Friday for Portal Software Inc. (NASDAQ:PRSF), which this week inked a deal to provide business managment and billing software to media giant AOL Time Warner Inc. (NYSE:AOL).

In a research note, Merrill said because of worsening macro-economic conditions, it cut Portal`s estimate for fiscal 2002 from 24 cents per share to 15 cents. The average consensus among analysts polled by First Call/Thomson Financial is for earnings in fiscal 2002 of 20 cents per share.

"We now believe that the company had already factored the recent AOL deal into their FY02 subscriber growth projections, since the contract was probably agreed upon before November (Q3 results)," the note said.

"The macro-economic conditions continue to worsen, especially in the emerging service provider segment."

Merrill said it was maintaining an intermediate-term accumulate rating and expected Portal`s fourth-quarter results on Feb 21 to meet Wall Street expectations of $78-$82 million in revenues and net earnings of 3 cents per share.

Portal shares dropped $1-11/16 to $9-3/16 in active early trading.



6. downgrade:
PRSF downgrade now.
by: stronglaoying 02/13/01 02:31 pm EST
Msg: 14647 of 14670

Portal Software Cut to `Neutral` at Morgan Stanley DW


2/13/01 5:49 AM
Source:Bloomberg News



Princeton, New Jersey, Feb. 13 (Bloomberg Data) -- Portal Software (PRSF US) was downgraded to ``neutral`` from ``outperform`` by analyst Yumi Koh at Morgan Stanley Dean Witter.




Umsätze Portal:
Umsätze(Februar-Januar):

1997: 6,328
1998: 18,672
1999: 75,112
2000: 226,0
2001(e): 400,0


Fazit: Portal Software hat im letzten Quartal eine ganze Latte von guten deals und Kooperationen gemeldet, herausragend war der Vertrag mit AOL, der PRSF in diesem Jahr 50 Mill. Umsatz bringen soll, auch wird in diesem Quartal zum erstenmal Solution42 konsolidiert, was ca. 5 Mill. an Umsatz zusätzlich bringen sollte. Die Umsatzerwartungen, die das Unternehmen selbst herausgegeben hat liegen zwischen 81-83 Mill. $, die der Analysten liegen laut Changwave sogar darunter, ich meine das Unternehmen ist für eine faustdicke Überraschung am Mittwoch gut, auch der Ausblick dürfte nicht enttäuschen, im gerade angelaufenen Quartal wurden wiederum drei neue Verträge geschlossen. Egal ob als kurzfristiger Zock oder als Langfristanlage, Portal ist auf dem jetzigen niveau auf jeden Fall ein Kauf, egal ob ASP, B2B, wireless, Breitband, überall werden tools zur Abrechnung der Leistungen benötigt und Portal ist in allen Bereichen sehr gut positioniert, die aktuelle Bewertung (KUV 3-4 für 2001) empfinde ich aufgrund der Marktstellung und Perspektiven als eher günstig.
Anmerkung: Kauf auf eigene Gefahr, nie Aktien kaufen, nur weil irgendjemand in einem board einen bestimmten Wert empfiehlt, sondern sich immer ein eigenes Bild machen und wenn Kauf, dann nur mit Limit, oder am Dienstag nach wallstreet Eröffnung
Wettbewerber:
z.B.: Amdocs, Sema (Schlumberger), Telesens
neues Quartal:
1.2.
eStara Chooses Portal Software`s Customer Management and Billing Platform
CUPERTINO, Calif., Feb 1, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, today announced that eStara Inc. has selected Portal`s Infranet(R) customer management and billing software. eStara, the voice of eBusiness, has developed OneClick Contact(SM) web voice solutions that give eBusiness the power to talk to their customers live over the Internet to improve customer service and close more sales.

eStara OneClick Contact delivers a crisp, clear call directly from any PC with a microphone and speakers to any eBusiness call center or sales office in seconds. eStara implementation is a snap, requiring no additional software or hardware investment and is compatible with existing call center systems.

eStara deploys its OneClick Contact solution directly to Fortune 1000 customers and indirectly through channel partners. Being the first provider to focus exclusively on this evolving and lucrative space, eStara sought a customer management and billing platform that offers the flexibility to support a variety of business models and services, in addition to the scalability to easily support millions of users. The company also required a solution that offered private label and branding capabilities that would allow eStara`s customers to display their own brand interface to patrons without having to build and support a necessary in-house infrastructure.

After thoroughly researching the customer management and billing market, eStara chose Portal`s Infranet software platform because it both successfully satisfied the company`s short-term needs and provides robust features that allow unlimited scalability as the company grows.



12.2.
Helsinki Television and Portal Software to Provide Revolutionary Cable Services for Home Users

CUPERTINO, Calif., Feb 12, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, today announced that Helsinki Television (HTV), a Finnish cable television company, has selected Infranet(R), Portal Software`s customer management and billing platform. HTV will implement Infranet to manage its recently announced portfolio of broadband Internet services.

There are approximately 200 cable operators in Finland with HTV being the largest. In order to maintain its competitive position HTV has launched a variety of broadband services to its existing customers. With Portal`s real-time technology, HTV will have the business agility it needs to quickly bring these new services to market, manage revenue, and improve customer satisfaction.

`We will be offering our customers a variety of value-based pricing models with rich content and varied services delivered straight to the home,` said Heikki Hanninen, vice president of Helsinki Television. `Portal`s Infranet will help us to deliver advanced cable services such as digital and interactive TV in the future, and charge customers according to the value they perceive that service to hold.`

`As we move into a new age of advanced broadband services, providers need the flexibility to offer their customers a variety of service offerings tailored to meet their individual needs. With Infranet, HTV`s consumers can choose whatever broadband cable services they want at any time and pay only for the services they`ve selected,` said Steve Wallbank, market development director of broadband services at Portal Software. `Infranet will enable HTV to provide a level of customer interaction that is unavailable with traditional Cable TV subscriber management systems.`

Infranet`s comprehensive real-time architecture provides a complete range of powerful, integrated capabilities for advanced cable services, including the development and provisioning of service offerings and subscriber activity tracking, rating, billing and analysis. With the comprehensive real-time capabilities Infranet delivers, cable operators can bring new services to market quickly, increase profitability and improve customer satisfaction.

About SWelcom Group


The SWelcom Group, SanomaWSOY`s newest sector, specialises in electronic media. Television, in the form of Channel Four Finland, cable television (HTV) and digital television, forms an important part of SWelcom`s business portfolio. The group also includes SanomaWSOY`s Internet portal and mobile portal development projects, as well as the video and audio production, video duplication and CD production, Internet solutions production.


14.2.
China`s Key Communication Carrier, JiTong, Expands License Agreement with Portal SoftwareMulti-Million Dollar Contract Reaffirms Leading Service Provider`s Commitment to Standardize On Infranet as the Converged Billing Solution for All Current and New Services
CUPERTINO, Calif., Feb 14, 2001 (BUSINESS WIRE) -- Portal Software, Inc., (Nasdaq: PRSF chart, msgs) a leading provider of business infrastructure software for broadband, wireless Internet and next-generation communications services, has won a multimillion-dollar repeat order from JiTong Communications Co., Ltd. JiTong has extended Portal`s Infranet(R)customer management and billing platform across its next-generation services network.

One of six carriers in China, JiTong initially implemented Infranet to support its nationwide VoIP services. The functionality of Infranet to support multiple services from a single platform led JiTong to select Infranet. The product`s exceptional performance, accuracy and flexibility solidified JiTong`s decision to expand their license agreement to support multiple services over its network.

`Our IP telephony service grew rapidly last year,` said the technical director at JiTong. `We attribute this to our hard work and to Infranet. By deploying Infranet across our network to support other services we believe we can increase our revenue generating opportunities and continued growth of JiTong.`

JiTong provides multiple network services including dial-up, leased line and satellite access services, virtual Web hosting, DNS and IP address appl

[gourmet]

hut ab, buck
da hast du dir ja richtig viel arbeit gemacht, die entwicklung von portal darzustellen. vielleicht noch ein kurzer hinweis, der auf die langfristigkeite und weniger auf die kurzfristige entwicklung abzielt. während gerüchteweise beim hauptkonkurrenten amdocs probleme mit kunden bestehen (falsche abrechnungen), hat sich portal in den vergangenen monaten zum "technical leader" gemausert und ist in seinen erweiterten abrechnungsmöglichkeiten (und dahinter verbirgt sich die zukünftige entwicklung des internets - umsonst war gestern) der "first mover". dies zeigt insbesondere der vertrag mit aol.
für amdocs erfolgte übrigens kein downgrade, was aber auch nicht verwunderlich ist, da z.b. goldman sachs dort investiert ist.
viele grüße
gourmet

[buck.]

Ich werde Portal sicher noch 2-3 Jahre im Depot behalten und finde das Unternehmen von den Perspektiven und der Marktstellung her ziemlich genial (wobei ich dabei sagen muss, dass ich Infospace und Critical Path auch mal super toll fand), die Analystendowngrades entgegen der guten Nachrichten sind für mich ein sehr positives Zeichern...


Portal Software, Inc. Conference Call Broadcast Alert
PHILADELPHIA, PA, Feb 16, 2001 (INTERNET WIRE via COMTEX) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs) investor conference call will be broadcast over the Internet and available at Investor Broadcast Network`s Vcall website, accessible at www.vcall.com.

Portal Software, Inc. quarterly results conference call will be broadcast on Wednesday, February 21, 2001 at 5:00 PM Eastern. This call can be accessed at www.vcall.com/NASApp/VCall/EventPage?ID=66580.

Event archives are normally available one to two hours after the event ends. For the live event, listeners should go to the website at least fifteen minutes before the event starts to download and install any necessary audio software. There is no charge to access the events.


mehr zu prsf:

http://www.buckweiser.de

http://www.myresearch.de/cgi-bin/myresearch.cgi?AC=1000&B=0&…



Portal Portait von vor einem Jahr bei wallstreet-online:

22.2.2000 netreport w:o

Portal Software, ansässig in der kalifornischen High-Tech Schmiede Cupertino, ist ein weiterer Anbieter von Internet-Infrastruktur Software. Die Gesellschaft bietet neben CRM-Lösungen (Customer Relationship Management) vor allem auch Software für Zahlungs- und Abrechnungssysteme im World Wide Web an. Das Unternehmen, hervorgegangen aus Portal Information Network, war zuvor als Internet Service Provider tätig und spezialisierte sich anschließend auf Software, Beratung, Support und andere Internet Service Dienste. Inzwischen gilt Portal Software als einer der führenden Anbieter im Bereich Online Zahlungs- und Abrechnungssysteme im Internet. Das bekannte Produkt Infranet ist nahezu unter allen bekannten Betriebssystemen, wie Microsoft Windows NT, Sun/Solaris, HP Unix, sowie anderen Open Source Systemen, aber auch unter Oracle und Microsoft SQL Server einsatzfähig. Die Unternehmensgründer Arthur Patterson und CEO John Little halten jeweils 28 bzw. 25 Prozent der Anteile der Gesellschaft. Cisco Systems hält ebenfalls eine Minderheitsbeteiligung an Portal Software. Portal Software´s Produkte werden von namhaften Internet Service Providern und Telcos, wie T-Online, US WEST, Qwest, BellSouth, CyberCash, UUnet, Concentric Network, Covad, Telenor, Juno Online, France Telecom, OzEmail und ICL lizenziert. Das Lizenzgeschäft trägt derzeit mehr als die Hälfte der Gesamtumsätze des Unternehmens. 49% seines Umsatzes erzielt das Unternehmen weiterhin durch Support und andere Service Dienste. Neben seinem Stammhaus in Kalifornien betreibt Portal Software noch weitere Niederlassungen in Connecticut, Illinois, Massuchusetts, New York, Texas, Viginia, sowie in Australien, in China, sowie in Großbritannien. Die Gesellschaft erwirtschaftet aktuell noch etwa 73% seines Gesamtumsatzes in den USA. Zu den Hauptkonkurrenten des Unternehmens zählen neben ADC Telecommunications vor allem Amdocs, die deutsche LHS Group sowie Lucent Technologies. Portal Software setzte im abgelaufenen Geschäftsjahr 1999, welches im Januar endete, 26,7 Mio. Dollar um, was einem Umsatzwachstum von über 180% gegenüber dem Vorjahr entspricht. Die Gesellschaft, welche über 242 Mitarbeiter beschäftigt, musste dabei ein Minus von 17,4 Mio. Dollar hinnehmen. Für das laufende Geschäftsjahr 2000 rechnen Analysten mit einem Minus von elf Cents je Aktie. Dieser sollte sich im Jahr 2001 auf dann zwei Cents je Aktie reduzieren. Dem Unternehmen sollte es dennoch bereits in diesem Jahr gelingen, erste Quartalsgewinne einzufahren. Bisher beobachten mehrere Brokerhäuser die Aktien des Unternehmens. Vier Investmentbanken stufen die Aktien der Gesellschaft als "Strong Buy" ein. Drei weitere Häuser halten die Aktien von Portal Software immer noch für kaufenswert. Zuletzt notierten die Aktien von Portal Software nahezu auf Jahreshoch bei 77 1/2 Dollar (Hoch: 81,1 / Tief: 13,9), womit sich derzeit eine stolze Unternehmensbewertung von bereits 12,2 Mrd. Dollar ergibt.
Kommentar: Portal Software hat sich innerhalb sehr kurzer Zeit zu einem der führenden Anbieter von Online Zahlungs- und Abrechnungssystemen entwickelt. Mit neuen Produkten wie Infranet IPT stellt die Gesellschaft auch Lösungen für die Internet-Telefonie bzw. drahtlose Kommunikationstechniken zur Verfügung. Auch konnte Portal Software in den letzten Wochen weitere Großkunden als Lizenzpartner für seine Software Infranet gewinnen, so den führenden ISP der Philippinen, Infocom. Mit den Technologiepartnern Cisco System, Hewlett-Packard und Sun Microsystems sollte es Portal Software gelingen, seine Software als de facto Standard am Markt zu etablieren. Kooperationen mit führenden Unternehmen im Bereich Software, wie BEA Systems, Microsoft und Netscape dürften Portal Software auf diesem Weg unterstützen. Aufgrund der oben genannten Kombinationen sind die Aktien von Portal Software, trotz der schon recht hohen Bewertung, immer noch empfehlenswert. Mittel- bis langfristig sollten sogar weitere deutliche Kurssteigerungen möglich sein, wenn es dem Unternehmen gelingt, die Gewinnzone zu einem früheren Zeitpunkt zu erreichen, als von Analysten erwartet. NASDAQ: PRSF WKN: 922 161

12:16 21.02 A. Mittermeier

[woernie]

wow, buck, dem ist nichts hinzu zu fuegen.

[buck.]

...wenn ich mir die börsen heute so anschaue (Aktien sind so out wie nur irgendwas out sein kann), ist es wohl vollkommen wurscht welche Zahlen Portal am Mittwoch bringt, aber langfristig (in 50 Jahren oder so) werden Aktien auch mal wieder steigen

[gotoweb]

Schon wieder eine positive Hammer-Meldung:

Neue langjährige Vereinbarung mit VODAFONE !!!

wie folgt:
GSM2001, Cannes, Feb 19, 2001 (M2 PRESSWIRE via COMTEX) -- Portal Software,
Inc. (Nasdaq: PRSF) today announced that Vodafone UK, part of the world`s
largest mobile telecommunications company, Vodafone Group plc, has selected
Portal`s software platform, Infranet, to support GPRS and next-generation
services.

Infranet, will initially be implemented with Vodafone UK Limited, creating a
multi-service next-generation software platform allowing Vodafone UK to deliver
value added services this quarter.

Malcolm Mitchell, IT Director at Vodafone UK comments: "In order to meet the
business needs of the wireless Internet age and of a global telecommunications
market, we selected Portal`s Infranet, for its flexible and proven capabilities
for billing next generation communications services.

Portal`s software platform allows us to introduce innovative pricing models for
a range of value-added services over existing and emerging technologies." "GPRS
wireless technology enables an incredible range of new services and has
triggered the need for managing and billing for increasingly complex business
models," says Steve Sommer, vice president of Marketing and Business
Development, Portal Software. "Portal`s Infranet, enables operators like
Vodafone UK to rapidly launch GPRS services and prepare for 3G, premium content
and other new markets."

Portal was selected because of its quick time-to-market capabilities and proven
scalability. Infranet`s ability to identify, offer, provision and bill for
next-generation communications services in real-time, plus ease of integration
into Vodafone`s overall solution architecture, reinforced Vodafone`s decision in
selecting Portal`s Infranet.

also, jetzt kaufen (bevor US-Markt öffnet!!)

weiterhin:
- KGV 46 bei einem Wachstum > 100%
- Mittwoch 21.02.01 Quartalszahlen

[gotoweb]

Das ist der groesste Coup der Geschichte für PORTAL.

Vodafone weltweit groesster Mobilfunkanbieter, und dann
noch ein NEW customer. WOW.

Der Kurs in Berlin zieht schon an.

Heute morgen EUR 9,85.
Jetzt EUR 10,50 (noch guenstig).

Wenn die US-Börsen morgen öffnen, geht es richtig los.

[gotoweb]

Kurs jetzt bei EUR 10,80.

[gourmet]

vodafone u.k hat 11 mio kunden. erst vodafone weltweit wäre der größte deal (nur mal so am rande). hier noch ein interessanter link, der das sahnehäubchen für den deal ist:
http://www2.marketwatch.com/news/yhoo/story.asp?source=blq/y…

[Aki007]

Nicht ganz so interessant wie der Vodafon deal, aber auch ganz nett.

ClearCommerce, Infintium and Portal Software Team Up With Sirius Radio
Subscription-based Digital Satellite Radio Transactions to Be Processed Via ClearCommerce Engine and Portal Infranet
AUSTIN, Texas, RICHMOND, Va. and CUPERTINO, Calif., Feb. 19 /PRNewswire/ - - ClearCommerce Corporation, a provider of transaction management and fraud prevention software for e-commerce, today announced Infintium Technologies has purchased the ClearCommerce® Engine to process transactions for Sirius Satellite Radio (Nasdaq: SIRI - news), the satellite radio broadcaster and Infintium customer. Infintium is a Richmond, Virginia-based application service provider specializing in telecommunications industry solutions. The ClearCommerce Engine, which provides real-time credit authorization, payment and fraud detection, will process transactions for subscribers of Sirius` up to 100-channel audio entertainment service. The payment engine will work in tandem with the Infranet® customer management and billing platform developed by Portal Software, Inc. (Nasdaq: PRSF - news).

From its three orbiting satellites, Sirius will directly broadcast up to 100 channels of digital-quality radio to motorists throughout the continental United States for a monthly subscription fee of $9.95. Sirius will deliver 50 channels of commercial-free music in virtually every genre, and up to 50 channels of news, sports, talk, comedy and children`s programming. Sirius` broad and deep range of almost every music format as well as its news, sports and entertainment programming is not available on conventional radio in any market in the United States.

``Satellite radio is an entirely new category with unique requirements, and requires a new approach to managing subscriber infrastructure,`` said Richard Jensen, vice president and chief information officer of Sirius. ``It is critical to have the right combination of flexibility and technology as well as the ability to focus on customer care. ClearCommerce, Infintium and Portal Software are harnessing a suite of cutting-edge technologies to create an innovative system to meet our needs.``

``As telecommunications companies begin offering e-commerce services, they need to ensure that transactions are secure and simple for customers,`` said Michael Neary, vice president of Infintium. ``For that reason, we are now recommending the ClearCommerce Engine to our clients, just as Portal Software recommended it to us.``

Portal Software`s Infranet platform supports the creation and management of online customer accounts. By managing customer relationship and billing services in real time, Infranet allows providers to bring new services to market quickly while increasing profitability and improving customer satisfaction. The integration of Infranet with the ClearCommerce Engine enhances the speed and security necessary when handling high volumes of online transactions.

``Our work for Sirius demonstrates the value of bringing together best of breed applications. With Portal Software, Infintium and ClearCommerce working together, Sirius is being supported without extensive software customization and long deployment cycles,`` said Steve Sommer, vice president business development and marketing at Portal.

``By teaming up with Portal and Infintium, we have found a new way to offer a best-of-breed service that will make life easier for the customer,`` said Robert J. Lynch, president and chief executive officer of ClearCommerce. ``Our enterprise-class products appeal to fast-growing companies like Sirius that need reliable and secure transaction processing that ClearCommerce can provide.``

The ClearCommerce Engine capabilities include: real-time transaction processing with credit card processors, fraud analysis and protection, business reports for merchants, storefront integration, APIs to businesses` existing ERP or inventory systems and shipping and tax calculation.

About ClearCommerce

Austin, Texas-based ClearCommerce Corp. is a provider of e-commerce transaction software and services for enterprises and Commerce Service Providers, including Apple Computer, Chase Merchant Services, PETsMART.com, Sony, Harrods, EDS and ME.net. ClearCommerce provides transaction management technology directly and indirectly through Commerce Service Providers for more than 35,000 merchants worldwide. Features of ClearCommerce software include real-time credit card processing and Internet fraud protection, as well as online reports, storefront integration, back-end integration, shipping/tax calculation and delivery of digital merchandise. For more information, please visit www.clearcommerce.com.

About Infintium Technologies

Infintium Technologies Corp. (www.infintium.com) is a leading Application Service Provider (ASP) with a focus on custom software, hosting, integration and consulting services. Infintium`s data center is a robust, state-of-the- art facility providing a fully redundant environment for housing Web sites and applications including billing and customer care and Business-to-Business (B2B) software. With its extensive background in the telecommunications industry in the selection, development and integration of customer care and billing solutions, Infintium is a world-class provider of software and consulting services to the telecommunications industry both at home and abroad. Infintium is headquartered in Richmond, Virginia.

[buck.]

Will jetzt nicht wieder euphorisch werden, aber der Ausblick aufs jetzige Quartal dürfte nicht schlecht ausfallen

[buck.]

http://www.stockconsultant.com/consultnow/basic.cgi?symbol=p…

infos,infos,infos

[buck.]

SIRI : SIRIUS SATELLITE RADIO INC (NASDAQ)

Hat immerhin eine Marktkap. von >1 Mrd, keine Minifirma

[buck.]

aus yahoo-board:


PRSF Earnings 2-21-01 (re-post part 1)
by: sfgoodfella 02/20/01 12:46 am EST
Msg: 15264 of 15272

PRSF will beat the consensus EPS (pt1)
by: sfgoodfella
02/09/01 03:20 am EST
Msg: 13893 of 13895

In C3Q, PRSF reported in-line revenue and $0.04 (vs. $0.02 consensus estimate). In
4Q, the consensus estimate is $0.03. Revenue estimates vary somewhat between $77
mm and $82 mm for 4Q. The lower revenue forecasts reflect the revisions by analysts
who cited CLEC and funding risks. As I noted previously, the downward revisions are
based on flawed and illogical analysis and should be ignored. PRSF will achieve
pre-revision revenue estimates and beat bottom line in producing earnings of $0.04 to
$0.06. Forward to 2001, PRSF will achieve pre-revision EPS of $0.23 and revenue of
$439 mm.

The basis for the conclusions above lies in the mounting external evidence pointing
continued business momentum by PRSF. The evidence is based on the following:

(1) Characteristic of PRSF markets
(2) Strength in lead revenue metrics for PRSF drive scale
(3) Recent PRSF contracts
(4) New revenue opportunities for PRSF.

PRSF MARKETS
MSLV announced their quarterly earnings yesterday and their experience provides an
excellent glimpse into what we can expect from PRSF on Feb 21 (5 pm EST
800-811-8824).

MSLV provides software for telecom / IP networks. The company does order
processing, inventory mgmt, and troubleshooting. MSLV has overlapping clients with
PRSF such as Qwest. They represent an excellent proxy for PRSF.

MSLV reported inline earnings and EPS above expectations (similar results as PRSF
achieved in 3Q). Domestic sales for MSLV were somewhat weak in the quarter (same
for PRSF in 3Q) but strength in international revenue offset domestic weakness (same for
PRSF in 3Q). MSLV`s weakness was in part attributable to CLEC exposure comprising
(10%-15%) of revenues (PRSF exposure is only 3%). MSLV`s international growth was
concentrated in Latin America (just as PRSF had announced its deal with Convergence
across 9 Latin American countries - announced Jan 31).

In contrast to MSLV, PRSF has lower domestic risk exposure and stronger and more
diversified international momentum. We can expect similar to better results from PRSF as
Portal faces a very similar customer market that MSLV did in 4Q.


LEAD METRICS
Lead metrics for ISP continue to point to a strong 4Q for PRSF and an even strong
2001. The PRSF revenue model is a per user model (minimum $1 per user and $3-$10
per user for additional services). Growth in the underlying networks of PRSF clients
drive PRSF revenue growth. As I noted previously, PRSF`s contract with AOL looks
great now but will grow quickly and contribute even more revenue. According to RS,
PRSF won the right to all of AOL`s IP business. According to DRW, PRSF will replace
all of AOL`s existing IP billing. AOL`s network is growing at an accelerating basis. Last
year, AOL grew users from 20 m to 26 mm, of which 1 mm (17%) were added in
December. Juno.com grew billable customers in 4Q by 815% (from 92,000 to
842,000). This should yield revenue growth from this customer of 9x (Y/Y). Shanghai
online contract booked in January, based on user growth should be 167% higher. Juno
and AOL growth should contribute to significant ISP revenue growth in 2001.

Free subscription ISP models are dying which should drive more customers to IP billed
services. Alta Vista and 1stUp.com are shutting down free operations as of 2000 y/e.
K-mart (bluelight.com) (2.4 mm active users / 5 mm registrants) will begin billing for
hours over free time. Netzero will be applying a similar strategy (3.3 mm active users / 7
mm registrants) of charging for time over free period.

TR Online Census reported that the greatest area of subscriber growth in 2000 was DSL
users - comprising 86% of total growth. This stat materially mitigates the CLEC risk issue
as most of PRSF`s CLEC "risk" was tied up in DSL providers. Obviously, growth
concentration in DSL should offset analyst described "risks". The remaining growth
sources - FYI - were dial up (9%), Internet TV (5%) and free ISPs (1%).

Lead metrics show strong growth for `01 and just another factor showing that the risks
sourced as a basis for reducing estimates by analysts were unfounded. REVISED
ESTIMATES ARE INCORRECT.

CONTRACTS - NEW AND BIGGER EXISTING
-AOL will prove to be PRSF`s biggest contract and will show strong and accelerating
growth. AOL will represent over 10% of revenue.
-Shanghai Online contract should be 167% higher due to growth in user base.
-Convergence (9 Latin American countries) contract improves PRSF global foot print
beyond core Europe, Asia and North America.
-OEM agreement with Seagate software accesses 3 million users.
-Contract sizes with existing contracts grow each year as new users are added. New
contracts add even further growth.
-Sol42 is adding to the revenue mix with new customer acquisitions in the 2.5G and 3G
networks.

NEW REVENUE OPS
PRSF continues to add to the revenue mix through new technology deployments. Most
importantly, during the quarter, PRSF added OPWV (wireless enablement technology)
and IpVerse (back-end compatibility to other platforms such as legacy telecomm). We
have already seen rapid acceleration in traffic across OPWV that will drive PRSF
revenue along the per user model I showed before. IpVerse (just announced) will drive
larger volumes of traffic across multi-platforms.

I believe that PRSF will begin to realize revenue synergies through cross-customer
relationships. AOL has partnered with Nokia and NTT in separate deals. All 3 are
PRSF customers. The result should see accelerated traffic growth and new revenue ops
in markets where wireless services are iterations ahead of North American markets.

CONCLUSION
PRSF has consistently met revenue expectations and beat earnings estimates. Recent
revisions in estimates were made by only a handful of analysts (I will rate THEM in a
later post) who cited CLEC revenue and ISP funding issues. The CLEC risk only
represented 3% of revenue and was diversified away because lost customers from one
CLEC move to another PRSF CLEC client so there is no lost revenue (per PRSF IR
post). Also, TR Online Census shows that DSL (CLEC) subscriber growth is by far the
dominant ISP growth source in 2000, so that completely erases the CLEC Risk. ISP
funding risks have been eliminated by AOL contract size and accelerating growth in AOL
users that will drive revenue growth even further. The free ISP model is disappearing and
free ISP providers have announced they will start to bill that will present additional
revenue source for PRSF. Juno, a former free ISP, and PRSF client has increased
subscriber base by 815% in 4Q that will drive PRSF revenue by 9x in 2001. Strength in
ISP subscribers and changes in the ISP revenue model both favor PRSF thus eliminating
the other risk cited by analysts. ALL THE RISKS THE ANALYSTS CITED AS THE
BASIS FOR LOWERING ESTIMATES HAVE BEEN ERASED. THE ESTIMATE
REVISIONS WERE WRONG. A select few analysts that have provided consistently
more detailed coverage never lowered their estimates and maintained their higher price
targets. They have proven to be correct. They are MSDW, CSFB and CIBC.

PRSF has numerous growth catalysts in its favor beyond ISP. SOL 42 is beginning to
gain revenue traction in 2.5G and 3G market that provides additional growth revenue and
eventual synergies. OPWV is helping to cement PRSF`s technology in the WAP enabled
environment and its underlying traffic is showing strong growth (513% in 4Q) that will
drive PRSF revenue growth accordingly. PRSF`s IpVerse partnership provides
back-end connectivity to legacy platforms providing easier access to a larger number of
clients to PRSF`s Infranet technology. This will accelerate Infranet adoption rates through
2001 and likely lead to more contract wins. More importantly, it allows PRSF to
continue to focus on its core competency, high marginal value, technology leading billing,
on NGN platforms.

The pre-revision estimates remain the economically substantive correct ones calling for
$0.11 for Cal2000 and $0.23 for Cal2001 and $0.50 for Cal2002. PRSF continues to
trade at a 60% to 70% discount to its intrinsic value and represents an excellent
investment opportunity. On a scale of 1 to 5 (1 being the highest and 5 the lowest) PRSF
ranks a 1 based on strong fundamentals, opportunity for scale, growth catalysts and a
material price to ...?

[gotoweb]

Heute wieder eine Topmeldung:

Neues zukunftsweisendes Produkt "The Infranet Wireless product line" ist ab sofort lieferbar.

PORTAL SOFTWARE: Portal Software launches convergent wireless product line
for next-generation mobile operators With new products and advanced features
from the Infranet 6.1 platform, Infranet Wireless enables wireless network and
content service providers to support 2.5G and 3G services

Cannes, Frances, Feb 20, 2001 (M2 PRESSWIRE via COMTEX) -- Portal Software,
today announced the initial release of its Infranet Wireless product line for
customer management and billing of 2.5G and 3G wireless services. The Infranet
Wireless product line includes the new release of Portal`s leading customer
management and billing software, the Infranet 6.1 platform, which now offers
optional modules to support GPRS, WAP, and SMS services. The Infranet Wireless
product line also encompasses new wireless voice rating, interconnect and
settlement, and business intelligence products. With Infranet Wireless, mobile
service providers can rapidly develop business models and price plans for a
multitude of wireless voice and data services for delivery to a variety of
devices.

The Infranet Wireless product line allows service providers to quickly provide
convergent bills for services over mobile phones or multiple devices; price new
services based on value, usage or quality of service; support pre-paid and
post-paid price plans; deploy complex revenue-sharing agreements with value
chain partners (settlement); develop interactive pricing models that incorporate
real-time advice-of-charge; and develop branding programs.

"The complexity of emerging 2.5G and 3G technologies, combined with steep
license costs and intense competition, makes it critical for convergent service
providers to quickly develop business models that go far beyond flat-rate,
homogeneous pricing plans," said Bob Vieraitis, vice president of product
marketing for Portal Software. "The Infranet Wireless product line enables
service providers to roll out innovative business models for wireless voice,
data, and content services in immediate response to market conditions and
emerging technologies."

"The opportunities for the delivery of wireless voice and data services over
multiple devices are increasing rapidly," says Iain Gillott, principal and
founder of iGillottResearch. "But these opportunities also present new
challenges, such as the need for service providers to develop and support new
services and price plans fast enough to keep up with evolving technology, market
developments, and intense competition. To succeed in today`s uncertain business
environment, services providers` next generation networks and devices must be
supported by next generation business platforms."

The Infranet Wireless product line includes the Infranet 6.1 platform, which is
built on a highly flexible open architecture with robust application programming
interfaces (APIs) and real-time capabilities. Infranet 6.1 has new optional
modules to support wireless voice, data, and content services:

* Infranet GPRS Manager provides real-time, flexible functionality for services
based on bytes used quality of service, access point name (APN), and airtime. It
also provides the options to authorise and authenticate subscribers based on APN
and/or customer balance.

* Infranet WAP Manager provides a generic authentication, authorisation, and
accounting (AAA) interface to WAP gateways. Its real-time, flexible
functionality enables tracking, billing, and settlement for WAP services based
on bytes used, URL visited, or airtime.

* Infranet SMS Manager allows service providers to capitalise on the dramatic
growth in SMS and value-added services based on SMS by providing real-time
rating and billing capabilities for these services.

The Infranet Wireless line also includes robust new products with wireless
capabilities that can be used alone or in conjunction with the Infranet
platform:

* Infranet IntegRate is a high-performance rating engine that provides call
detail record/event data record (CDR/EDR) management and rating, prerating, and
enrichment capabilities and performs complex, multistreamed event processing. It
can be custom-configured through functional plug-in modules and a powerful,
easy-to-use scripting language.

* Infranet Interconnect is an intercarrier billing system that helps prevent
unnecessary losses and incalculable expenses while enhancing overall operating
revenue. It is capable of supporting interconnect requirements for voice, data,
and content-including GPRS, WAP, and SMS services. With single-touch CDR
processing, parallel rating, and unlimited tariff and discount modules, it can
support numerous network operator infrastructure models.

* Infranet Analyze enables providers to extract intelligent, extended
information from usage data to support pricing model, trend, and profitability
research.

* InfranetSimulate is a tariff simulation product that assists in quickly
forecasting acceptance and profitability. It enables providers to model tariff
changes and view the impact on revenue, margin, and overall profitability
against their customer bases, based on actual historical usage data.

The Infranet Wireless product line is available immediately.

[gotoweb]

Kurs jetzt schon bei EUR 11,50 (weiter steigend).


Nasdaq Future ist positiv. Dies lässt heute ein Kursfeuerwerk bei Portal Software erwarten.

[gotoweb]

Top-News:
Langfristige Vereinbarung mit FRANCE TELEKOM

France Telecom Signs 5 Year Deal With Portal Software
CUPERTINO, Calif.--(BUSINESS WIRE)--Feb. 20, 2001--Portal Software Inc, (Nasdaq:PRSF - news), a leading provider of business infrastructure software for broadband, wireless Internet, and next-generation communications services, has signed a five year framework agreement with France Telecom, the second largest telecommunications provider in Europe.

Portal Software`s Infranet® product will be the exclusive reference billing platform for all IP-based services within France Telecom and its subsidiaries worldwide, including IP services implemented through dial-up and broadband Internet technologies.

The five-year national and international implementation of Infranet, effective immediately, will cover all major Wanadoo European subsidiaries of France Telecom. The deal consolidates the existing relationship between France Telecom and Portal Software which began in 1997 and has seen Infranet deployed as the customer management and billing platform for Wanadoo, France Telecom`s ISP for consumers and business professionals. Additionally, Transpac, a leading French provider of B2B e-business solutions and Euronet, a Wanadoo subsidiary in the Netherlands, have already implemented the Infranet solution.

A Wanadoo spokesperson commented, ``Wanadoo chose Portal Software because of Infranet`s flexibility to support our complete portfolio of Internet and next-generation services. Wanadoo has millions of users all over Europe and we needed a scalable proven solution that could be trusted - Portal can provide us with exactly that.``

Wanadoo is one of the largest ISPs in Europe with 4.4 million active subscribers.

John Little, CEO of Portal Software commented, ``This is a significant customer win for Portal and we are very pleased to be working with France Telecom as the company expands its range of business and consumer Internet services across so many territories.``

[buck.]

immernoch über 10$ und das bei der miesen nasdaq:

und nochmal news:

Akamai Selects Portal Software`s Infranet Customer Management and Billing Platform
CUPERTINO, Calif., Feb 20, 2001 (BUSINESS WIRE) -- Portal Software, Inc. (Nasdaq: PRSF chart, msgs), a leading provider of business infrastructure software for Internet and next-generation communications services, today announced that Akamai Technologies, Inc. (Nasdaq: AKAM chart, msgs), the leading Content Delivery Service Provider (CDSP), has chosen Portal Software`s Infranet(R) platform to support its portfolio of content delivery services.

Akamai`s end-to-end solutions for enhancing Web performance enable enterprise companies and e-businesses to leverage infrastructure investments while reaping the benefits of rapid, reliable content delivery, high-quality streaming media and applications delivery. Akamai will use Portal`s Infranet platform to manage its products, as well as to price and invoice for its services, beginning with its Web conferencing service.

"Portal`s Infranet solution meets our needs for a highly flexible and scalable business platform that will help us manage our invoicing in real time, and quickly launch new services and price plans that target individual market segments on a worldwide basis," said Irwin Weiss, chief information officer, Akamai.

"We are very excited that the leading content delivery service provider, Akamai, has chosen Portal`s Infranet platform to support its innovative services," said Vijay Iyer, vice president of market development for Portal Software. "It is another strong endorsement for using a flexible, software-based platform designed specifically to meet the customer management and billing needs of next-generation service providers."

[buck.]

Portal Software Signs Deals With France Telecom, Vodafone
By Aileen Gallagher


Portal Software (PRSF:Nasdaq - news) announced new deals Tuesday to provide its customer management and billing platform to France Telecom (FTE:NYSE ADR - news) and Britain`s Vodafone (VOD:NYSE ADR - news).

The company, which will announce its fourth-quarter and year-end earnings Wednesday, did not disclose terms for either arrangement. Portal said it will offer guidance based on the new deals in its earnings report.

The agreement with France Telecom, the second-largest telecom provider in Europe, is for five years. The pact is a consolidation of a previous deal with Wanadoo, a France Telecom subsidiary.

Vodafone chose Portal via a competitive bid. A research note from Credit Suisse First Boston said Portal won the contract because Vodafone could use the platform without customization. The deal applies only to Vodafone`s UK operations, but the platform can be rolled into other properties.

In January, Portal licensed its platform to AOL Time Warner (AOL:NYSE - news).

Portal gained 75 cents, or 8.2%, to $9.94, in Tuesday Nasdaq trading.

[Aki007]

IBM and Portal Software Form Global Strategic Alliance
CANNES, France & CUPERTINO, Calif.--(BUSINESS WIRE)--Feb. 21, 2001--

To deliver personalized anytime, anywhere

e-business infrastructure solutions

for mobile wireless service providers

IBM, a market leader in e-business infrastructure, (NYSE: IBM - news) and Portal Software, Inc. (Nasdaq: PRSF - news), a leading provider of customer management and billing software for wireless, broadband, Internet, and next-generation communications services, today announced a global alliance to integrate IBM`s WebSphere Everyplace Suite® with Portal`s Infranet® to create a comprehensive carrier-grade, 3G-ready infrastructure platform for wireless service providers. The companies will jointly market and sell integrated software solutions and related services to wireless service providers worldwide.

Together, they will deliver an industry-leading solution for wireless service providers seeking to recover large investments in 3G licenses. IBM`s WebSphere(1) Everyplace Suite is a functionally rich software platform designed to extend the reach of e-business applications and Internet content to the mobile Internet. Portal`s Infranet Wireless product line provides a solution that enables wireless network and content service providers to launch, manage and bill for new 2.5G and 3G services. The integration of Infranet with Tivoli Personalized Services Manager, a component of Websphere Everyplace Suite, enables this solution to deliver essential personalization functions and mobile device management. The joint solution will provide wireless carriers with a highly scalable, 3G-ready e-business infrastructure.

``Portal`s leadership in customer management and billing software for the mobile wireless market makes them an ideal alliance partner,`` said Richard Stomp, vice president of solutions and marketing for IBM`s Communications Sector. ``Wireless service providers need a feature-rich business infrastructure that will allow them to create, deploy and manage their mobile Internet services. IBM`s WebSphere Everyplace Suite and industry-specific consulting services, combined with Portal`s Infranet represent one of the most comprehensive, leading-edge wireless e-business infrastructure solution in the industry. The pre-integration of these leading solutions will mean an unprecedented time to market for our customers.``

The integrated solution will enable personalized, next-generation services capable of generating immediate revenue while accelerating deployment of new mobile wireless services. The WebSphere Everyplace Suite will enable service providers to create mobile Internet services with advanced software elements such as transcoding, message queuing, synchronization, and security in addition to core technology enablers such as a wireless gateway capable of supporting multiple networks and protocols. Portal`s industry-leading customer management and billing platform supports real-time authorization and authentication for wireless services with flexible, sophisticated rating capabilities to enable value-based pricing.

The alliance brings together two mobile wireless technology leaders. Both WebSphere Everyplace Suite and Infranet have been widely adopted among wireless service providers that have begun deployment of next-generation mobile Internet services. The alliance leverages IBM`s extensive product portfolio of carrier-grade servers and middleware in addition to IBM`s renowned industry-specific professional services. Portal Software`s experience with supporting next-generation services such as digital content and rich voice forms the foundation of the joint 3G-ready solution.

``IBM is a household name with the world`s leading wireless carriers,`` said Steve Sommer, vice president of marketing and business development at Portal Software. ``By teaming with IBM, we can take advantage of IBM`s worldwide technology and services capabilities to deliver a carrier-grade solution and give service providers the opportunity to develop new revenue streams. The strategic alliance with IBM will provide our global customer base with a comprehensive, convergent infrastructure solution that will be ready for 3G.``

IBM Global Services has formed a worldwide practice within its Business Innovation Services division to deliver world-class business solutions based on Infranet. IBM experts in Infranet will provide process innovation, software configuration, integration, training, and support to joint customers. In addition, the companies plan to extend Infranet to support IBM`s DB2(1) Universal Database, IBM`s pSeries(1) and xSeries(1) server platforms, and the IBM Application Framework(1) for e-business, comprising the WebSphere Everyplace Suite, Tivoli service enablement and service assurance solutions, and MQ Series(1) middleware.

As both companies jointly market and sell the integrated products, prospective customers will be invited to visit IBM`s Telecommunications Centers of Competency in North America, Europe, and Asia Pacific that will feature the end-to-end solution.

About IBM

IBM is the world`s largest information technology (IT) company and provider of IT services today, as well as a preeminent technology partner to the world`s telecommunications services industry. Working directly with its telecommunications customers, IBM helps them become more competitive with innovative solutions for e-business. These solutions comprise the full range of IBM capabilities including consulting, software, hardware, research and implementation services.

IBM is also forging other relationships with major players in the wireless market -- from Web integrators, including Agency.com, Razorfish and Luminant, software developers like MicroStrategy Inc., W-Trade Technologies, Inc. and River Run Software Group to device manufacturers, Palm, Symbian and Ericsson and telecommunications equipment manufactures (TEMs) Nokia, Motorola, Nortel, Alcatel and Lucent. Through these relationships, IBM will leverage the strength of its e-business infrastructure to bring a complete range of mobile solutions. Additional information can be found at www.ibm.com/solutions. Information on IBM`s telecommunications offerings can be found at www.ibm.com/industries/telecom.

About Portal Software, Inc.

Portal Software (www.portal.com) provides software to manage next-generation communications and e-services. The Infranet software platform enables service providers to rapidly deploy new services, define optimal business models and price plans, and bill their users. Portal`s software is licensed by more than three-quarters of the world`s 30 largest communications services companies to support wireless, broadband Internet, next-generation voice, and other e-service offerings. Customers include Qwest Communications, Sprint, NTT, Deutsche Telekom, Telenor Mobil AS, China Telecom, and France Telecom. Portal Software employs over 1,500 people at more than 40 offices worldwide.

(1) Denotes a trademark of the IBM Corporation. The IBM eServer brand consists of the established IBM e-business logo with the following descriptive term ``server`` following it.
(1) The IBM e-business logo, xSeries, pSeries are all trademarks of IBM Corporation. All others are trademarks or registered trademarks of their respective companies.
2001 Portal Software, Inc. All rights reserved. Infranet is a U.S. registered trademark, and Portal and the Portal logo are trademarks of Portal Software, Inc. All statements made in this press release are made only as of the date set forth at the beginning of this release. Portal undertakes no obligation to update the information in the event facts or circumstances subsequently change.