Research 2.0

Thursday, July 06, 2006

Openwave (OPWV) and the research providers...

Interestingly we have watched this situation develop as this company had a nice rise in stock price into the low-20's followed by a huge ramp down to $8 this morning.

The consensus among the 20 "real analysts" that cover the stock is for a moderate buy versus the nearly unanimous opinion of black box analytics firms of "Strong Sell" all the way down.

In the case of OPWV the financial numbers were a better predictor of future stock price than the industry expertise afforded to active analysts who write on the company.

We will be publishing our overall software universe in the next few days as a prelude to doing some of this numbers-driven analysis to identify situations where our informed and reasoned opinions, positive or negative, may be at odds with reality.