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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by idleSpeculatoron Jun 21, 2003 5:30pm
72 Views
Post# 6191514

RE: relax

RE: relaxI would buy more today if I had the money, I don't. I am 4 months over on an IT project customer thought could be noe in 4 months. It's fixed price, and they hold the last 30% until a month after completion. So have no income for 4 months. Gives me an apreciation of how easy it is for IT projects to take longer than expected first time round. I will however keep on the case of wanting to see at least one thing go live a month becuase it is important to the success of the company and they have such an appauling record of delivering new software in a timely fashion (sorry guys). we lose too high a percentage of deals this way. Last NR was very interesting in that it was Openfares not TT. In essence these are competing products. TT more flexible, Openfares better as a dedicated Consolidator only database / booking engine. Are these 4 customers all Consolidator only businesses not interested in the add on hotel / car hire capabilities promised in TT. Or is it a case that Openfares functionality is tried tested and available now or sooner? Either way, got to hand it to them, converting existing customers to a proven system that converts minimal inquiry income into transaction based income is only a good thing for the company. Openfares is making that possible and sooner. Customers can always convert to TT at a later date if they wish. It's even been made fincially attractive to Openfares for their customers to switch according to the year ahead document. I think we are made once we get the following 2 links live; Openfares - SRM TT - Openfares Booking Engine - SRM Aliotours going live on SRM I beleive will see the first of these two key technologies and open the entire 60 openfares customers to the possibility of being hooked into SRM, subject to all parties agreeing each company. That alone is potential for real income, finally. This we are led to beleive is very close, but in Sabres hands. I beleive it will happen, and for this reason alone am very bullish about the stock and would be willing to buy more. Hope the price is still sub 20c when I finally get paid. The TT - Openfares Booking engine - SRM really empowers the selling of TT. It is sufficient to attract customers in volume and have them go live. And it is a platform that will enable the links into Hotel and Car hire and other distribution channels etc to be plugged in as they are developed. When will this happen? I have no idea. Hopefully this year. I am sure we will hear when it goes live. Will anything go live in June? let's wait and see. Idle
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