Comments on: Is nStein ‘n trouble? http://www.texttechnologies.com/2007/06/14/nstein-trouble/ Understanding technology ... in both senses of the phrase Sat, 22 Nov 2008 04:53:11 +0000 http://wordpress.org/?v=2.5.1 By: Curt Monash http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12717 Curt Monash Wed, 20 Jun 2007 15:29:19 +0000 http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12717 Hi Luc, Well, then you didn't handle Michel's departure well if you didn't know of his commitments, or didn't care about them. So be it. Olivier Jouve stepped in on 1/2 hour notice and did fine. Yes, I'd love to talk. CAM Hi Luc,

Well, then you didn’t handle Michel’s departure well if you didn’t know of his commitments, or didn’t care about them. So be it. Olivier Jouve stepped in on 1/2 hour notice and did fine.

Yes, I’d love to talk.

CAM

]]> By: Luc Filiatreault http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12661 Luc Filiatreault Tue, 19 Jun 2007 17:36:27 +0000 http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12661 Hello Curt Nstein is definitely not in trouble these days. I am the new CEO and have been in place since April. We have released a few new contracts in just the last few weeks and are currently working on obtaining customers's OK to release other quite interesting contracts. Our new NCM solution which combines technology from our most recent acquisition in France (Eurocortex) and NServe rour text mining solution is getting a lot of traction on the epublishing market. You are right about Michel Lemay no longer working here. I welcome your call to discuss any further information. I could also send you the presentation that I made at the AGM which clearly shows where Nstein is heading. Thanks Hello Curt

Nstein is definitely not in trouble these days. I am the new CEO and have
been in place since April. We have released a few new contracts in just the
last few weeks and are currently working on obtaining customers’s OK to release
other quite interesting contracts.

Our new NCM solution which combines technology from our most recent acquisition
in France (Eurocortex) and NServe rour text mining solution is getting a lot
of traction on the epublishing market.

You are right about Michel Lemay no longer working here. I welcome your call
to discuss any further information. I could also send you the presentation that
I made at the AGM which clearly shows where Nstein is heading.

Thanks

]]> By: Curt Monash http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12333 Curt Monash Fri, 15 Jun 2007 12:09:48 +0000 http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12333 Thanks, Seth. http://www.nstein.com/investors/EIN_AR_2006_ENG.pdf is the most recent annual report. It seems that A. nStein raised a lot of money last year but spent it to pay down debt from some prior financing or acquisition(s) and B. nStein has much more services than license revenue, although I haven't seen a clean breakout. I wonder whether Michel Lemay is even still there. Thanks, Seth. http://www.nstein.com/investors/EIN_AR_2006_ENG.pdf is the most recent annual report. It seems that A. nStein raised a lot of money last year but spent it to pay down debt from some prior financing or acquisition(s) and B. nStein has much more services than license revenue, although I haven’t seen a clean breakout.

I wonder whether Michel Lemay is even still there.

]]> By: Seth Grimes http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12273 Seth Grimes Thu, 14 Jun 2007 17:49:18 +0000 http://www.texttechnologies.com/2007/06/14/nstein-trouble/#comment-12273 Curt, nStein has bled red ink through their whole existence. They're publicly traded so you can get their financial reports, which are available on-line. They've had uneven and modest revenue growth over the last few years with losses, from memory, typically about 40% of revenues, and have continued to need capital injections, $1.9 million earlier this year. They have new executive leadership and new direction as of a few months ago. Curt, nStein has bled red ink through their whole existence. They’re publicly traded so you can get their financial reports, which are available on-line. They’ve had uneven and modest revenue growth over the last few years with losses, from memory, typically about 40% of revenues, and have continued to need capital injections, $1.9 million earlier this year.

They have new executive leadership and new direction as of a few months ago.

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