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 ?

Given the potential universe of sales opportunities, you would have to be confident that this company has not been totally naive in its business plan.

They have been around for over 20 years and would appear to have good products in place.

The market is currently showing zero confidence in any sales being achieved. I see the present valuation very simply;

1)if you expect no new sales then the current share price reflects the cash in the bank and the company is probably fairly valued for now

or

2)if you expect ANY new sales of TDI and other products, then the current share price is undervaluing the company significantly

All IMHO.

TSQ.

The Business plan is not a problem, its there ability to sell a high end software product under intense competition into a market that is very cash conscious. My question is why are they targeting the Banks when the exchanges are the obvious targets. i believe they have had very little success here since the last contract and are attempting to push into banking sector. Also the contract that they clearly felt so confident they would sign in the 1st half didnt materialise. (Alarm bells). This was probably an exchange.. Imho all is not rosy at CMS. TSQ are you really prepared to hold until a contact is signed,( dead money ) Imho you should be making your money work for you and revisit cms when they announce.

Appreciate your views momentum.

The current lack of news is very disappointing to all, though given the cash balance in the bank I'm comfortable to hold for now.

I am prepared to give the management time to build sales, and I am hopeful of an announcement in the second half.

TSQ.

the slide continues

any views on cms? is it time to buy big or leave well alone?

I reckon buy big...could go down a bit more until good news comes out. If I had the spare dosh I would keep topping up at these levels. This has the ability to shoot up again on any positive releases. (all imho,dyor,pyo)

It all comes down to new business, skyhigh.

The company is currently being valued as if it has no business, yet it has products which have value, recurring revenues from ProphetX and TDI, cash in the bank and intellectual capital.

The downside is limited by the cash in the bank in my view. Lack of news is obviously disappointing, but the Directors haven't been rushing for the exits, and have expressed confidence about future sales.

Again IMHO, the worst case scenario is that the company doesn't sell anything else ever, and goes private or returns cash to shareholders.

Given the revenue generated by new contract wins ie 750k+, I think the stock is worth a punt at these levels.

Exactly TSQ a punt. With the big boys such as Reuters struggling CMS have got a huge mountain to climb. Would i invest at these levels no way osay.Products and IP are worth nothing unless you can sell them.If directors had been selling we would be down to 1p. Im afraid being large holders in a micro cap your stuck with the shares, because these no way you can sell them without causing a collapse in the SP.Imho sales are not happening,company very unlikely to go private what would be the point if you cant make it as a public company. Best result would be a trade sale around cash value. Sorry to be so bearish but cms are very unlikely to survive in its present form.Dont read to much in to what the Directors say, i beleive they will come creeping back to the market with an announcement that they are still following good leads but have yet to sign any new contracts. How long will Chicago stay with them if there the only exchange running cms software.TSQ how low are you prepared to let the SP go before selling?

Finaly charts,looks like support may be offered at 4.25p, 3.0p and 1.75p.
And its over and out from me.Good luck to all those still invested.

momentum

Finaly charts,looks like support may be offered at 4.25p, 3.0p and 1.75p.
And its over and out from me.Good luck to all those still invested. Why did you
not throw in 1p , .25p, .001p

Goodbye.

why so bearish,just because a contract has not been signed it doesen't mean that cms are dead and buried.the trouble with small caps is that everyone expects to much to quick.i am a holder in 2 small caps cms is one and zoo digital is the other.i am confident that in 2-3 years time these companies will be far bigger than they are today.if cms fails to sign any contracts they will become a take over target by reuters or bloomberg as i'm sure they would like to get there hands on there products.zoo is the same,the technology they have is worth a fortune.i'm sure sony will see it as a threat if it takes off.

momentum,

I am happy to hold this stock and I haven't lost a penny on it. It's not a question of how low can it go, as you say. I bought the stock confident in the medium-long term picture and remain convinced.

Contracts will be announced in due course. The company has huge cash resources and is not going to be under any financial pressure.

Sales will come. Patience.

TSQ.

CHICAGO (AFX) -- The Chicago Board of Trade has been given the nod by Italian regulators, opening an electronic door between the CBOT and traders in that country, the exchange said on Wednesday. Italy is now one of 12 nations outside the United States with electronic access to the Chicago futures exchange, the CBOT said. Those countries include Belgium, Finland, Gibraltar, Hong Kong, Ireland, Luxembourg, the Netherlands, Spain, Sweden, Switzerland and the United Kingdom. 'The CBOT is committed to expanding global distribution of its products,' said CBOT President and CEO Bernard Dan.

does this mean there may be good news on the horizon?

CMS WebView opens second US sales office

CMS WebView plc (CMS), a leading provider of systems and software for real-time data distribution and management, is opening an office in New York City, its second U.S. sales office. In March, CMS opened a sales office in Chicago, which is led by Kurt Klein, Director, North American Operations.

The new CMS sales office is in midtown Manhattan and will be run by Business Development Manager, HongSup Park. Mr Park, who reports to Kurt Klein, was previously Senior Business Analyst and Client Manager at Dealogic, a software designer and developer for the capital markets industry. He is a graduate of the Massachusetts Institute of Technology (MIT).

Both sales offices are supported by Teresa Brown, an experienced project manager with over 15 years' experience in data technology and client account management in the financial sector.

CMS has opened sales offices in North America to market its leading software system Transactional Data Interface (TDI) to major US banks, exchanges and other large investment and financial institutions. Transactional Data Interface (TDI) is a modular software solution that enables financial institutions to collect, process and distribute financial information in real time. It has been used by organisations including the London Metal Exchange, the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME), processing multi-millions of bytes of data a day.

Bob Antell, Chief Executive of CMS, commented: "As the largest financial market in the world, opening a sales office in New York was a pre-requisite for increasing our presence in North America. Now we have offices in Chicago and New York we have the sales and marketing infrastructure in place to make a powerful argument to banks, exchanges and other financial institutions about the commercial benefits of our TDI software system."

About CMS WebView plc
CMS WebView plc (CMS) listed on the Alternative Investment Market of the London Stock Exchange (AIM: CWV) in August 2000. Since its original formation in 1982, CMS WebView plc (CMS) has developed extensive expertise in the area of real-time market data collection, processing and distribution.

Until 1997, when a management buy-out took place, CMS was a subsidiary of the London Commodity Exchange and latterly LIFFE.

CMS's lead product - Transactional Data Interface (TDI) - enables clients to control the collection, processing and distribution of mission critical data for their business needs. TDI customers include three of the world's leading futures exchanges - the London Metal Exchange (LME), the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT).

In addition to the above, CMS is also a well-established market data feed provider for the wholesale market. Its TDI Data Feed has been developed using its proprietary TDI software and carries a wide range of real-time data directly from many of the world's leading futures and options exchanges.

CMS has also entered into an agreement with USA based Data Transmission Network LLC (DTN) to market its PC based price reporting service (ProphetX) in Europe - this represents a major opportunity for CMS to target the high-end sector of the quote vendor terminal market.

For further information:

Bob Antell
CMS WebView plc
Tel: 020 7744 7722

Neil Boom/Jenny Leahy
Gresham PR Ltd.
Tel: 020 7404 9000

anybody willing to hazard an informed opinion as to whether these rises represent coming of a bottom and moving up? maybe a chartist could say what is the level that has to be reached to break up from the downtrend.
Unfortunately I am without the funds to average down anyway but that might be a good thing!

Clearly opening a new office in the heart of global finance is a good sign reflecting presumably interest from institutions there.

Sue Helen has been busy elsewhere (ETQ) but maybe we will see some returning interest soon.

GN

Positive move over the last few days on inceasing volume. 6p was the resistance level to overcome to reverse the trend. Base for the sp has been set from which the price can build. Purchased some shares yesterday and today.If 6p holds then expect the momentum to build. Will be looking to buy further as the ta improves.

Welcome back momentum!

These markets are huge. Don't knock the banking sector. Having worked there myself, I have every confidence that TDI will make a big impact & copycat buys by the larger banks will push sales volume. (No-one in the banking sector likes it if their competitors steal a march with cheaper more efficient software!)

This company has huge potential, a US & European presence and a good product suite.

At 6p, it is still capped at under 5million. I have been screaming for ages that the price is just FAR TOO CHEAP!!!

I'm buying again as well.

TSQ.

Nice up tick, with 8pence looking like a key level indicating downtrend broken.

The company is showing that it is serious about sales. At around 750k per contract the upside here is large IMHO.

If sentiment has turned and the market comes to expect more sales, then fair value must surely be a lot higher than the 4.8million we are at now.