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Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement
in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers,
and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business.
In short, don't blame the accountants if the company files for bankruptcy protection.
You¿d reckon that a going-concern
statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically
bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know
more than the bean counters.
During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.
Home / Markets / Industries / Technology
Wednesday, July 23, 2008
Synchronoss Technologies to Host End-to-End Customer Experience Working Group
Comtex
BRIDGEWATER, N.J., Jul 23, 2008 (BUSINESS WIRE) ----Synchronoss Technologies, Inc. (NASDAQ: SNCR), the leading software provider of electronic order management solutions to the communications services marketplace, today announced that the company will be hosting an invitation only Thought Leadership Working Group on optimizing the End-to-End e-Commerce Experience at the Fairmont Sonoma Mission Inn in Sonoma, California from September 7 - 9, 2008.
This event will bring together best of breed ecosystem players required to deliver an unsurpassed end-to-end customer experience and will explore the communications and next generation markets issues and challenges to help them define the roadmap to an optimized online activation as they prepare to launch new products into the market place.
Participants include senior executives from the end to end customer experience ecosystem, including:
-- Cable operators (e.g.: Advanced Newhouse, Charter, Comcast, Time Warner Cable, among others)
-- Wireless operators (e.g.: Sprint and Clearwire among others)
-- Best of breed partners and members of the end to end customer experience ecosystem (e.g.: ATG, Brightpoint, Frog Design among others)
-- Next generation markets (e.g.: Bank of America, Dell, Hewlett Packard, Nokia, among others)
The working group will also discuss best practices and perspectives on how the e-Commerce channel and online activation can be leveraged as a differentiator for customer service and as an interactive extension to traditional sales operations and strategies.
"Service providers understand that the focal point of the industry needs to be on customer experience in order to drive growth and customer loyalty," said Nancee Ruzicka, Sr. Research Analyst, Stratecast. "The 2008 End-to-End Customer Experience Working Group will bring together leading service providers who share a common set of challenges and offer a means to address and develop an end-to-end strategy to ultimately move the industry forward while promoting innovative customer experiences."
"Synchronoss is focused on bringing together its customers and partners to discuss the key issues facing the industry. This thought leadership working group will provide a great opportunity to dig deep into the issues and challenges they face, while offering benchmarks into obtaining an integrated, scalable solution that will ultimately drive their e-Commerce channel and customer innovation," said Omar Tellez, EVP and Chief Marketing Officer.
About Synchronoss Technologies, Inc.
Synchronoss Technologies (NASDAQ: SNCR) is the premier provider of on-demand transaction management software to Tier One communications service providers. Synchronoss enables service providers to drive growth in new and existing markets while delivering an improved customer experience at lower costs. The company's flagship ActivationNow(R) and ConvergenceNow(R) software platforms automate, synchronize and simplify electronic service creation and management of advanced wireline, wireless and IP services across existing networks. For more information, please visit www.synchronoss.com.
The Synchronoss logo, Synchronoss, ActivationNow and ConvergenceNow are trademarks of Synchronoss Technologies, Inc. All other trademarks are property of their respective owners.
SOURCE: Synchronoss Technologies, Inc.
Synchronoss Technologies, Inc. Media: Stacie Hiras, 908-547-1260 stacie.hiras@synchronoss.com or Investor: Tim Dolan, 617-956-6727 investor@synchronoss.com
Copyright Business Wire 2008 ********************************************************************** As of Saturday, 07-19-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-07-2008 for SNCR @ $13.36. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
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