CoverAll Technologies (COVR)

[rrat02]

Compelling R/R Post #5:

Some additional thoughts....

- Relatively low stock float. If a decent amount of good news then there is a strong possibility that we'll see a sharp upward move in the stock price. From my own experience I can say that in order to accumulate shares one has to be very patient and that limit orders are a must.

- the recurring revenue model is a huge plus as usually companies with that business model are priced at a premium. Keep in mind that COVR customers are signing 5 yr. contracts.

- considering the low valuation at some point COVR has to be viewed as a merger/takeover candidate. Possibilities would include a competitor looking to immediately increase revenue & market share or a software company that wants to enter this particular market.

- newly promoted CEO who is both young and energetic and has been directly involved in developing the software AND selling it to customers.