Not trending towards $9

by Volker Weber

ZZ73E13909

I have been watching the GBS stock ever since an analyst made an outrageous claim about the performance of his investment. Stock was trading at $4.50 with a target of $9. The bid was $2.75, ask was $6. Quite a spread, that shows there is no market for this stock. Weeks have passed, and stock now trades for $2.70. Or isn't trading. Bid is now $1.90, ask is $3. No volumes.

What's going on? Losses are mounting. The company is buying ever more small shops that are no longer profitable. They are betting the farm on providing cloud services. And a technology that turns old ugly Notes applications into new ugly web applications.

Comments

The time will come, when they have to sell companies. The strategy to buy everything in a shrinking market is a dangerous one. But one never knows. If they know things about Vulcan, we don't know, it could be a investment in the future. But there are allready voices in the market, that don't give GBS another year. Time will tell.

Christian Tillmanns, 2011-08-26 20:29

If GBS goes under, who is going to throw around chests of gold at Lotusphere 2012?

Sam Sawatzky, 2011-08-26 21:03

Those who have been around for a while in this market know that these companies come and go.

Volker Weber, 2011-08-26 22:02


I laugh at you each time you bring GBS up - quite right! I always feel that NTF and ED are in to close.

Others who blog, apologise as they post - afraid to upset their pals (ED) but in truth they hit the nail on the head and are bang on.

Notes is Notes, Xpages is Xpages, Domino is Domino and Connections is Connections - in each you can see the best and the worst - who can predict the next 5 years but we'll be here making comments

John martin, 2011-08-27 03:30

@John who is ED? Do you mean Ed Brill? I ask as you say "afraid to upset their pals ED...".

Bruce Elgort, 2011-08-27 04:08

I'm afraid this is not a soap, John & Bruce

Volker Weber, 2011-08-27 08:15

Recent comments

Amy Blumenfield on Software to remove before upgrading to Windows 10 at 20:25
Daniel Haferkorn on Software to remove before upgrading to Windows 10 at 20:16
Daniel Haferkorn on Sonos + Microsoft Groove at 20:13
Volker Weber on Ein Problem ist aufgetreten at 20:02
Frank Stoermer on Ein Problem ist aufgetreten at 19:40
Bill Buchan on Could it be Verse? at 19:35
Sven Semel on On Windows 10 at 19:28
Markus Dierker on Sonos + Microsoft Groove at 19:15
Markus Dierker on Ein Problem ist aufgetreten at 19:13
Jrg Hermann on Ein Problem ist aufgetreten at 18:42
Volker Weber on Ein Problem ist aufgetreten at 18:37
Alan Lepofsky on Could it be Verse? at 18:13
thorsten ebers on Ein Problem ist aufgetreten at 18:10
Volker Weber on Could it be Verse? at 17:09
thorsten ebers on Could it be Verse? at 16:53
Ralph Hammann on On Windows 10 at 16:38
David Guillaume on On Windows 10 at 15:48
Christian Henseler on DNUG schnuck at 15:00
Volker Weber on On Windows 10 at 13:42
David Guillaume on On Windows 10 at 13:22
Henning Heinz on DNUG schnuck at 13:14
Thomas Meyer on On Windows 10 at 12:58
Volker Weber on DNUG schnuck at 12:41
Ingo Seifert on Could it be Verse? at 12:09
Christian Henseler on DNUG schnuck at 11:04

Ceci n'est pas un blog

vowe.net is a personal website published by Volker Weber a.k.a. vowe. I am an author, consultant and systems architect based in Darmstadt, Germany.

rss Click here to subscribe

Hello

About me
Contact
Publications
Certificates
Amazon Wish List
Frequently Asked Questions
Follow @vowe on Twitter

Local time is 22:00

visitors.gif

Tip jar

Archives

As most of my articles roll off the front page rather quickly, I am making an archive of previous posts available here. You can also use the handy search box at the top of the page if you are looking for something particular.

Last 30 days
More archives

Mobile tag for this page

© 1992-2015 Volker Weber.
All Rights Reserved.

Impressum