I bought shares in this company at 4.5p in September 2003. I see they are rising. Can anyone tell me please the growth potential for this company as they have just been awarded several new contracts ?

Is it possible Sue that progress on TDI contracts will be announced?

Whether they are or not, after the fundraising the new company house broker is likely to increase the exposure of the company.

Expect other tipsters in the media to pay attention to the stock after the fundraising.

Market in general will probably fly tomorrow morning.

DOW held over 10,000 and Saddam captured alive in Iraq. Markets hate uncertainty and that news will be received positively.

Saddam capture could reinforce markets
AFX
UK and U.S. stocks are expected to rally Monday after news that former Iraqi dictator Saddam Hussein was captured in his hometown of Tikrit.

'Ladies and gentlemen, we got him,' said L. Paul Bremer, U.S. administrator in Iraq, at a press conference in Baghdad. 'The tyrant is a prisoner.'

The news comes at a key time for stocks, as they open their first week of trading above the 10,000 level in more than a year and a half.

The Dow Jones Industrial Average finished out the week at 10,042, holding onto the 10,000 barrier for the second straight day. The Dow rose 180 points, or 1.8 percent, over its week-ago level of 9,862.

The Nasdaq wrapped up the last seven days at 1,949, up 12 points, or 0.6 percent from its week-ago level of 1,937.

The S&P 500 closed at 1,074, up 13 points, or 1.2 percent, from its week-ago level of 1,061.

Fund managers are jostling to wrap up their portfolios for the year, and the overall investing public is often in a buying mood around the holidays.

And, next Friday marks the last triple witching day of the year as index futures, index options and options on stocks all expire.

Mark Hulbert of the pointed out that December ranks fourth behind July, August and January for the best performing month in the stock market, based on a survey of all monthly changes in the Dow Jones Industrial Average since 1896, when this benchmark was created.

Hulbert concludes that the stock market usually moves up between Dec. 24 and the first five trading days of January, but warns that the move is actually 'part of a much broader seasonal tendency that often is referred to as the Seasonality Timing System.'

Peter Cardillo of Global Partners Securities said he's looking for the Dow to possibly move up to near the 10,200 mark by the end of the year.

'The momentum is still for higher prices,' he said. 'The economic numbers continue to support a good market going forward, based on strong economic activity and growing corporate earnings.'

He's looking for sector leadership from technology names into metals and other commodities.

It's also going to be a busy week for initial public offerings, with a $3 billion IPO from China Life , a $264 million debut from online travel firm Orbitz plus seven other deals.

Economic calendar

The consumer price index and the current account of the U.S. deficit are due Tuesday.

Economists are expecting a rise of 0.1 percent in the CPI on the heels of price increases in natural gas, fuel oil, agricultural and livestock commodities.

November housing starts of 1.91 million are also expected on Tuesday, as the real estate sector weighs in.

On Thursday, the Conference Board's index of leading indicators is expected to rise by 0.3 percent for November.

Economists at Goldman Sachs said Friday in a note to investors that they are 'more optimistic about growth' with a rise of 4 percent seen in gross domestic product in the first half of 2004, followed by 3 percent in the second half.

Friday action

The major equity indexes rose Friday, rallying despite conflicting signals about the health of the economy.

Early gains followed news of an unexpected decline in producer prices, but the advance evaporated upon release of a disappointing measure of consumer confidence.

The Dow Jones Industrial Average gained 34 points, or 0.3 percent, to close at 10,042.16, while the Nasdaq Composite added almost 7 points, or 0.3 percent, to finish at 1,949.

The S&P 500 index edged 0.3 percent higher to 1,074.14, while the Russell 2000 index of small-cap stocks added 0.9 percent at 547.59.

'The path of least resistance seems to run to the upside in this market,' said Art Hogan, chief markets analyst with Jefferies & Co.

Breadth within the Dow Friday was positive with 19 of the 30 components moving higher.

United Technologies was the top advancer, gaining 2.6 percent after the company affirmed its earnings expectations. The stock was among four in the Dow hitting 52-week highs in midday action. The other three were Coca-Cola, Honeywell, GM and Walt Disney.

The biggest decliner was AT&T, which lost 3.3 percent. SBC Communications fell 1 percent despite upping its dividend. Boeing, GE, which also boosted its payout to shareholders, J&J and Wal-Mart were also notably weak.

Check out other individual stocks making significant percentage increases or decreases in price in

Volume totaled 1.21 billion on the New York Stock Exchange, and 1.45 billion on the Nasdaq. Breadth was positive in the broad market with advancers outpacing decliners, 21 to 12 on the Big Board, and 19 to 12 on the Nasdaq.

Bonds gain; gold benefits as dollar weakens

Treasury prices gained ground, pushing benchmark yields to three-week lows, following the economic data. The U.S. dollar saw mild losses versus its rivals as traders focused on the widening trade gap.

A spike in heating fuel prices lifted crude futures above $33 per barrel for the first time in a month. January crude climbed to a high of $33.20, a level the futures market hasn't seen since mid-November.

February gold closed at $410.10 an ounce, up $4.70 for the day and $2.80 for the week.

U.S. wholesale prices fell 0.3 percent in November, the first decline since May, the Labor Department reported Friday. The core producer price index for finished goods, which excludes volatile food and energy prices, fell 0.1 percent, the first decline since June.

Economists were looking for a gain of 0.1 percent in the November PPI, according to a survey conducted by CBS MarketWatch. The core rate was expected to be unchanged.

The U.S. trade deficit widened by 1.0 percent in October to $41.8 billion, the Commerce Department said. The trade deficit was slightly above the consensus forecast of Wall St. economists.

Yes thestatus quo.

I think we could break out tomorrow from the consolidation base of 13-14.5 pence tomorrow, possibly touching the 20 pence levels this week.

Found out from Investtech that the new resistance was at 22.88 pence so maybe could see a rise touching the resistance level off just shy of 23 pence.

Sue.

I do think a TDI contract could be announced with the fundraising the following week. Would be a great time for CWV to be announcing their major push into the US markets with the international markets doing well again.

Sue.

A note from their new broker Corporate Synergy will be issued straight after the fundraising too.

Have a great evening all.

Best Wishes,

Sue.

Shares Mag stated that the issue will be at no less than 12pence, representing a discount of just over 20% to the 15.25pence.

This is a buying opportunity at these levels.

A lot of positives going forward now in place;

- new broker appointed
- fundraising expected to be fully subscribed if not over subscribed
- investor confidence returning to markets, trading volumes increasing
- current weak dollar presents great time to invest in the USA
- improving investment in IT infrastructure by US firms
- partnership deals being announced
- volatilty in price decreased, new market maker appointed

All in all, these price levels for the stock may not be seen again if the fundraising proves to be a launch pad for significant growth in revenue.

As always DYOR, but my thoughts are buy a piece of the action at these levels and dont sell. Rewards are there for the patient.

All your ideas put forward are very encouraging statusquo, however, we all have to be sensible when investing in a small cap like this..... 2 weeks ago few peoples bet their lives saying this will reach 50P by xmas. (to me that was PURE ramping). I must say i bought into that idea and bought at high price, i should have trusted my instints.

Here are some of my thought for u all.

A weak Dollar is not very good for the company if it reports earnings and/or sells in GBP. (not at this present time when GBP is at its strongest in a decade). I will do better if it breaks into the UK market and Europe with its TDI

Large customers will think twice expending large amounts of money. In fact they are getting their balance right by cost cuttings and that's how they manage and will manage for the next 2 years. A prime example of this is Reuters the global financial information provider. A strong competitor of CMS Reuters had more cancellations than new customers in the last 2 years. They forecast no growth in this kind of industry for the next two years!!! The same thing goes for bloomberg.

I do feel this share will break the 20pence barrier but not sure if in the short term.

Its nearly 11am and the share price has not moved, low volumes. Too quite for my liking!! Anyway, for those who said this will (perhaps!!) shoot up today, Im afraid has not happen. Please when suggesting psedo-ramping comments, bear in mind there are others who are new to this and may end up loosing money.

I am not sure whether the share price will go upward even when the fund raising is announced. I feel the price we see now is already a product of the fund raising. I think a TDI contract will be have more of a positive impact on share movement. any views on this?? thanks

Xmortal...not sure if your comments were directed at me. I do give balanced information, along with reasoned judgement, and have over 25 years experience in the markets and have a good understanding of them. I only post on boards where I am an investor. I do have a 200k shareholding in this company, and I take a personal view over a couple of years. What I wrote yesterday was as follows...

After 5 days of consolidation on falling volumes, the price has settled at 13.75p, dead in the water all day Fri! The next move will be up, and it should be strong (likely with no reason for the move). As fingers said (one of the best chartists on ADVFN) once it flys past 16p you will see buying vol steping in. (this is because it will have broken through the resistance level, and this generates a buy signal on technical software)I expect to see this happening next week, it could be Monday. We have a full week left before the EGM. It is likely that we will have a couple of days risers followed by profit taking, then price stabilising at the new levels in the 20p region. It could of course stay flat all week,but there is the old saying "buy the rumour sell the fact" and I think that is whats going to happen here.

I do not possess a crystal ball, so I cannot tell you the day of the week it will happen. What I do believe is, come the 1st January you will be sitting with a nice smile on your face looking at a share price that is a lot higher than it is now, and if you continue to hold through the next 12 months, this will probably turn out to be the best investment you have made.
Regards
AXE

imho funding already dicounted.

xmortal, I take your points but,

weak dollar now means the 2.5million raised buys more US Dollars for investment in the USA. A weak dollar now is a benefit.

In a years time when earnings start to flow in dollars, it THEN becomes beneficial for the dollar to be weaker, therefore translating into higher sterling profits. It is highly likely that the dollar will indeed strengthen as US growth picks up in election year.

axe79, I am not a technical expert, but I take your points about the charts. Would you agree that the stock seems to be base building here?

momentum, IMHO the fundraising is already discounted, and I think that is suppressing upward price action for now. I think once it is out of the way, and new investors come onto the share register, the stock will move higher.

Statusquo. The comments about ramping were not directed to you. I see your point in the weaker dollar will benefit CMS advertising. However, I am quite sceptical about how fast the dollar will become strong again. It has been a nearly a year since the Euro surpassed the Dollar and there is not signs, even now of the upward movement. The Dollar needs to be weak in order to increase their exports and decrease their imports, protect their now fragile economy against any blows that may come along in the next two years. I do hope CMS does well cos i hold shares at high prices but I feel it will not achieve a 50-75 pence by late 2004.

One question to all. How many institutions similar to the ones CMS sold its TDI exist in the USA; and how many of those you sincerely think CMS will sell their TDI in the current cost cutting climate? I feel CMS shares will achieve 50pence by late 2004 if at least 2 TDI are sold. I am taking into account their 2 interims announcements, possibles 2 TDI sales and a weak dollar. Any views? Anyone?

Guys...re the US and global expansion of TDI....you need to remember also where CWV came from...an MBO from Liffe...and who provides the core system to CBOT and the interface to the CME...you guessed it Liffe !!

So it is not just CWV battling on its own in the global marketplace ....they are an integral partner of Liffe who are also pushing their products into the US and global financial institutions at the moment...CWV also has a close commercial relationship with TDN who developed the ProphetX software...TDN are also a development partner at CBOT and many other major US institutions....plus the new relationship with Cinnober who also have contracts with major US and European financial institutions....so in my view CWV's push into the US & global markets with TDI will not be a standalone approach...but one where they will work closely with their partners to help secure further contracts quickly and cost effectively....2.5m goes a very long way if you use it sensibly !!

xmortal, I am confident if you hold, you will see a profit on your investment.

The fundraising, as was pointed out to me in a previous post, is not rescue money. It is to provide a platform for growth in sales and profits.

The company has products and a strategy. I think the cost cutting cycle in IT investment is further on than many imagine. I genuinely believe we are on the cusp of an investment recovery.

The financial services industry in the USA is massive, and their appetite for market information is huge. I cant guarantee which companies will sign up, but the target market is massive.

gameboy, your points give me further confidence for the long term.

I knew the company was formed by way of MBO, but I wasn't sure if a partnership arrangement still existed with LIFFE.

I take your points about a partnership approach in the US. It would appear that opening doors wont be a problem.

Post fundraising, market cap will be about 10mio. That seems a bit cheap. Do you have a view?

thestatusquo....I can only say that the market decides market cap...and there are always wide variations across sectors and stocks as to what represents fair value....the question to me is to what extent a company is unique in its marketplace such that it will be a dominant player no matter what size it is today...that may be through being ahead of the game with world beating technology or being able to restrict competition through patents/IPR/etc....

Now I have to admit to not being a technical expert in such matters..but when the Chicago Board of Trade select a small UK software house to help develop a high profile/high risk system for them...I for one take note of what they said:

CBOT Selects CMS WebView plc to Develop Its New Data Feed
For Immediate Release

March 17, 2003--The Chicago Board of Trade (CBOT), one of the worlds leading futures exchanges, has selected CMS WebView plc (CMS) to develop its new market data feed.

To be developed using CMSs market leading TDI Network architecture, the new solution ultimately will enable the CBOT to deliver a high-speed market data feed from its new (LIFFE CONNECT) electronic trading system alongside data from its existing sources.

CMSs TDI Network architecture is increasingly being recognised as industry standard technology in the area of exchange data distribution. Benefits of TDI include its wide range of proven input and output interfaces, together with inbuilt network resilience and significant data flow capabilities. Versions of the software are already in operational use at organisations including the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME).

Bob Antell, CEO of CMS WebView plc commented: We are very pleased to be working on this project with the CBOT. It builds on our proven expertise in this area and can only reinforce CMSs position as a world-leading provider of market data feed solutions. It also acts as formal recognition of CMSs experience in successfully interfacing TDI to the LIFFE CONNECT electronic trading system in addition to previous TIBCO and OM Click based installations.

Steve Dickey, Vice President of Market Data Products and Information at the CBOTsaid: CMS WebView plc has established a solid reputation for delivering its data solutions on time and within budget. We are confident that CMS will be able to fulfil the requirements of the CBOT in the area of market data distribution. One of the deciding factors in choosing CMS was the companys proven market knowledge and business experience in the areas of exchange data feeds and operations.

Yes the stock is base building, I am expecting a re-rating from CSYN shortly after next mondays EGM. The dilution of 30m shares is already factored into the price. Strong buying momentum should happen over the days running up to Xmas with the price flowing upward. All the information, actions of this company are excellent, and the holders who are on board have got in whilst the company is in its infancy. This company will be a major player on the world markets in an extremly short time, and this will be reflected in the share price, being a 10 bagger from these levels over the next 2 years. IMHO
AXE

axe79 couldnt agree with you more