Technical Analysis - CVT, page-30

I don't think anyone from management promised revenue by any set date. Disappointment in lack of revenue news is simply disappointment that shareholder expectations (not company expectations) have not been met. The share price reflects this of course.

By now, holders should be used to the fact that the revenue business model has changed. Rather than selling individual seats in 1's and 2's and 10's and 20's CVT have been smart and responsive enough to focus on multi-year enterprise deals. Get used to long lead times and sudden announcements of large chunks of income. One read of the extensive update and it is clear that this company is on a pretty explosive trajectory.

The last couple of days has been the mother of all shake outs and someone is picking up lots of cheap shares. I topped up a little too.

Now, it was disappointing that the telco deals anticipated to be signed last month were delayed. If they continue to be delayed then management will begin to lose credibility but I don't think they have just yet.

All IMO.