CoverAll Technologies (COVR)

[rrat02]

Compelling R/R Post #3:

COVR has previously listed the number of customers as being 35. As we have discussed the legacy system is going to be discontinued....current customers MUST upgrade/renew or find another vendor. As of today COVR has announced 6 upgrades/renewals for the new system/products. Thus there is the OPPORTUNITY to have as many as 29 upgrade/renewal contract announcements within a relatively short time frame (I'm guessing within the next 18 months). Cetrtainly they may already have had customers decide not to upgrade/renew but on the last CC John Roblin mentioned that they have not lost any significant contract opportunities.

What type of impact would the announcement of 15-20 (or more) newly signed contracts have on revenue, earnings, the stock price, etc.???