Convera Corp (CNVR)

Tankota (99.83) Submitted: 1/31/2008 2:07:47 PM : Start Price: $2.11 CNVR Score: -72.74

I'm just trying to catch a short-term bounce.

grochen (88.12) Submitted: 11/18/2007 11:57:00 PM : Start Price: $2.91 CNVR Score: +71.11

following eldrehad

withoutlimits (88.22) Submitted: 11/15/2007 4:13:36 PM : Start Price: $2.99 CNVR Score: +70.77

It doesn't look good.

rvanzo (94.42) Submitted: 11/13/2007 7:03:34 AM : Start Price: $2.90 CNVR Score: +71.04

bad

TechGooRoo (25.63) Submitted: 10/28/2007 1:43:47 PM : Start Price: $2.85 CNVR Score: +66.51

Still a long way to drop. Given the revenue over the past two quarters, they're trading at about 128 times their current revenue, and hemorrhaging over $6M per quarter. The only thing keeping them afloat is the money raised from going public. At this rate they have about 8 quarters of life left.

"Vertical Search" is likely code for "keyword search," where the keywords are defined by the "vertical" (which is code for "the customer"). A professional services organization helps the customer to define keywords for their environment, tag content with relevant keywords, and index the documents appropriately.

All-in-all there's no real barrier to entry, since anyone can technically do this with off-the-self software components today. CNVR has apparently built up a practice around helping their customers create search engines that are optimized for their purposes. This is probably a good space to make some money in, but it's better as a slice of some larger business rather than building a whole business around it. That would probably make them a good buyout opportunity, if their stock actually reflected current revenue.

tcampbellla (91.38) Submitted: 9/26/2007 10:12:05 AM : Start Price: $3.40 CNVR Score: +68.72

Problems ahead.

bleyle (< 20) Submitted: 3/16/2007 11:34:01 AM : Start Price: $3.95 CNVR Score: -77.72

This stock is not pitted against google and yahoo, etc. People that compare this company to those don't have a clue as to what this company does. This company is producing search engines for companies to use on their computers and produce very specific, highly relevant results. Google and yahoo don't do this. They pull up lots and lots of bogus hits that can take huge amounts of time to sift through. This company is definitely a long term outperformer. I have no doubt.

NetscribeTech (37.81) Submitted: 1/25/2007 5:07:13 AM : Start Price: $3.66 CNVR Score: +74.57

Convera Corporation is a software solution provider specializing in design, development, implementation and support of search and categorization software. It also offers professional service to integrate their products with customer’s businesses. Their products are used in sectors as diverse as enterprise portals, knowledge management, intelligence gathering. The company has its presence in both public and government domain although its presence is strong in the latter. The two major products offered by the company are Retrieval Enterprise solution and Excalibur. The company has entered into license agreements with an array of system integraters, Original equipment Manufacturers and Value added resellers to distribute its products.

The company derives about 70% of its revenue from the U.S market. For the last few years the revenue of the company has been declining because of increased competition and inability to evolve with changing demands. This trend continues for the nine-month period ended October 2006 with a 19% decline in revenue. The company has been pinning its hopes on audio and video search and sharing in the internet, but better technology solutions from competitors like Goggle’s Youtube squashed this hopes. Since the customer profile of the company has been in skewed in favor of government business since its inception, the transition to commercial arena will be slow and time consuming.

The search and categorization software market is poised for great growth as internet and other networking mediums in private, government and public sector is gaining more importance. The company with its current positioning will be able to capitalize only on the government sector where competition is intense. As private and public sectors players like Google, Oracle, Computer associates have established strongly, any new player will have to be content with an insignificant role. Under such conditions the stock price is not expected to do too well in the near future.

dawg99pound (< 20) Submitted: 11/27/2006 10:45:19 PM : Start Price: $4.82 CNVR Score: -79.35

5 star stock after horrible day