Macquarie Telecom, page-24

"..views on the potential upside.."
My opinion is not worth that much but to be honest, I think there is quite a bit of upside already priced into the market cap at the moment.
I'd be waiting till some of that upside was actually realised before thinking this stock has a chance to be anywhere near a billion $ company.
The software has never really been tested in real life performance.It was still going through upgrades and bug fixes just recently.The concept has been a around for a while but never picked up commercially.Then come the ipo
It now has exposure in some good market places, such as T systems and Cisco so if it's the bees knees it should guarantee sales but I suspect people will be trialling it before committing a big uptake of Covata.
I wait to hear by word of mouth and whispers on the street, about how good Covata is , and of it's application before I think of investing at this price.

Cheers