Skip to main content
No. of Recommendations: 6
The Future of Mobile Communications and Commerce: Wireless Messenging Applications for Your Cell Phone, PDA or Wearable Computer

* unified email
* caller ID/call waiting
* voice mail
* instant messenging
* video conferencing
* speech recognition
* virtual secretary
* streaming video
* smart card technology, e-wallets, comprehensive mobile commerce

There's where we'll be with personal computing in a few years. Openwave (OPWV) is the acknowledged leader of wireless software applications for mobile phones and PCs.

I posted this KP report on OPWV in mid-Feb
http://boards.fool.com/Message.asp?mid=14330161

Where are we two months later?

OPWV releases wireless GUI
http://www.internetnews.com/isp-news/article/0,,8_593651,00.html

OPWV's end-to-end services for the wireless internet
http://www.openwave.com/news/Archive2001/03202001_signalsoft.html

OPWV providing gateway for AT&T's GSM/GPRS systems
http://biz.yahoo.com/prnews/010221/ca_openwave_for_at_t.html

Strategic alliance with Sun Microsystems for mobile internet solutions
http://biz.yahoo.com/prnews/010222/sfth043_2.html

OPWV introduces suite of mobile internet software
http://biz.yahoo.com/prnews/010320/sftu124.html

Alliance with Telephia for mobile internet benchmarking
http://biz.yahoo.com/bw/010402/2216.html

Alliance with Excelcomindo for first mobile internet solutions in Indonesia
http://biz.yahoo.com/prnews/010404/sfw052.html

Financial Status and Competitors

Competitors:
Infospace (INSP)
http://biz.yahoo.com/p/i/insp.html

Comverse (CMVT)
http://biz.yahoo.com/p/c/cmvt.html

Neither of these competitors is in exactly the same industry space as OPWV. CMVT provides enhanced services platform products, digital monitoring and recording systems for call centers, customer relationship management applications, public networks and government agencies, network signaling software for wireless, wireline and Internet communication services known as Signalware, and other telecommunications hardware and software products and services.

INSP is a leading global provider of cross-platform merchant and consumer infrastructure services on wireless, broadband, and narrowband platforms. The Company provides commerce, information, and communication infrastructure services to wireless devices, merchants, and Web sites.

Some data are from Yahoo! Finance profiles as above; other data are from MSN MoneyCentral
http://moneycentral.msn.com/investor/research/wizards/srwcompare.asp?company2=cmvt&company3=insp&Symbol=opwv
Measure              OPWV             CMVT              INSP

Market cap $3.3 B $9 B $800 M
Price $20 $53 $2.50
52 week lo-hi $14-86 $45-125 $2-78
(since inception) *
Sales (ttm) $287 M $1.2 B $215 M
Earnings * -$651 M $249 M -$280 M
Total cash $435 M $1.7 B $370 M
Sales growth 795% 41% 483%
EPS * -$4.13 $1.40 -$1.01
P/sales 11 8.3 3.4
Debt/equity 0 0.7 0
Rel. strength, 6 mo. 6 24 3

* data affected by 2000 merger of Phone.com and Software.com;
no full-year data available yet

These data point out a few weaknesses in OPWV's performance relative especially to CMVT, an established 4750 employee company vs. the younger OPWV's 1700 employees.

Nevertheless, OPWV's sales growth and increasing number of alliances give some benchmarks for following this exciting company over the next few months.

OPWV's FYE is June so we'll have another look then.

Additional financial backgrounders from MarketGuide

OPWV; consensus MG recommendation – "Buy"
http://www.marketguide.com/mgi/MG.asp?nss=www&rt=mxearnings&ticker=OPWV

CMVT, consensus MG recommendation – "Buy"
http://www.marketguide.com/mgi/MG.asp?nss=www&rt=mxearnings&ticker=CMVT

INSP, consensus MG recommendation – "Buy"
http://www.marketguide.com/mgi/MG.asp?nss=www&rt=mxearnings&rn=A1D4E






Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.