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

thorsten ebers on How do you say iPhone X at 12:07
Christian Ott on Respekt at 20:42
Mariano Kamp on Surface Pro :: It's my preferred computer at 15:23
Mariano Kamp on Surface Pro :: It's my preferred computer at 15:22
Volker Jürgensen on How do you say iPhone X at 10:15
Roland Dressler on How do you say iPhone X at 15:41
Michael Witzorky on How do you say iPhone X at 11:37
Reid Partlow on Surface Pro :: It's my preferred computer at 19:08
Hubert Stettner on How do you say iPhone X at 18:00
Thomas Langel on How do you say iPhone X at 16:26
Joachim Haydecker on Surface Pro :: It's my preferred computer at 14:34
Nick Daisley on How do you say iPhone X at 13:39
Hanno Zulla on Das Wunderauto at 10:27
Volker Weber on Surface Pro :: It's my preferred computer at 09:04
Ben Poole on Surface Pro :: It's my preferred computer at 08:55
Mariano Kamp on Surface Pro :: It's my preferred computer at 18:55
Manfred Wiktorin on How do you say iPhone X at 18:46
Johannes Matzke on How do you say iPhone X at 18:46
Christian Just on How do you say iPhone X at 18:30
Benjamin Bock on Sonos startet öffentliche Alexa-Beta und präsentiert neuen Lautsprecher at 16:55
Eric Mack on Surface Pro :: It's my preferred computer at 15:49
Craig Wiseman on How do you say iPhone X at 15:06
Jochen Kattoll on How do you say iPhone X at 14:44
Bill Greenberg on How do you say iPhone X at 12:41
Volker Jürgensen on How do you say iPhone X at 12:24

Ceci n'est pas un blog

I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.

vowe

Contact
Publications
Amazon Wish List
Frequently Asked Questions

rss feed  twitter

Local time is 11:23

visitors.gif