to buy or not to buy..., page-6

Dogby,

Regarding questions in your last paragraph. If you've put so much money in this stock then I would have assumed you would have followed very closely all the happenings related to the company.

I'm sure you know the company has been doing things to address a number of core issues in parallel including: Debt, management, go to market strategy. I am very happy with what they've been doing. They entered the financial year with $300 contracted revenue and in the first 4 months have grown the order book to $320. And after that update we've seen other deals announced some of which we know the values and some of which we don't know the values but they're not small (like the iSoft 7 deal). But the main point is that the business is generating cash. If you also factor in the $50m annualized saving the company is on track to achieve the picture is not as bad as some would paint it.

Remember that lenders are in the lending business to reap profits rather than to liquidate the borrowers at fire sale prices (like AlphaTrader1 desperately wish), especially when the borrower is a cash generating business.

Cap raising? I am not worried - because I'm sure it's going to be a rights issue.