Gathering New Information about Stocks, Health, and Sports

          As the dollar has fallen over the past week, many investors are trying to take advantage of what would seem like an unfavorable economic condition. However, with a situation of a falling dollar or any situation related to the economy arises an opportunity to find hidden treasures to invest in. When looking at Concur Technologies (CNQR) I can absolutely see some great optimism for potential investors wanting to make the most out of the current happenings in the United States economy.

         As I mention the weakening dollar, many of you may be wondering why I would promote such an attribute to be a favorable indicator to a company like Concur. Truth be told, when the dollar depreciates against other currencies such as the Euro, many investors are betting that the economy has the potential to undergo a stronger than anticipated recession due to factors such high interest rates, and as a result, the falling dollar tries to ease some of the future hardships by allowing foreign countries to purchase more American goods in the form of imports to help boost the net export region of the GDP calculator. As that happens, companies such as Concur which lie with the technology industry typically fares well during times when this happens. This will be especially true since Concur’s business revolves around producing automated “corporate expense management solutions (Yahoo Finance).” When you are given developing countries such as China or India who could be of service to products such as these, you, as an investor can see the benefits associated with Concur having the potential to utilize its products in a global manner.

         In addition to the overall benefits associated with a depreciating dollar, Concur supports solid fundamentals to add to the overall optimism for investors. Revenue has grown 27% since last year. Operating margins increased nearly 192% in one year with cash doubling in the same amount of time. The only worry that I see in terms of Concur’s numbers is the slowness in growing from 2004 to 2005, but if 2005 to 2006 is any indication of where Concur, a still relatively new company, is headed, then by all means this may be the breaking point in terms of propelling this company as a strong competitor to rivals such as Oracle, which, on a side note also has a higher P/E ratio compared to Concur’s 17 as per Yahoo Finance. In terms of technical analysis, Concur is also has grown nearly 700% over the past five years signaling that this company still has a lot of potential before it levels out.

         Thus, by examining how Concur and its business relates to the current currency condition as well as the exciting assets in terms of fundamentals the company can boast about, this company signals to many investors as strong one to be noted in terms of a desired purchase. It’s true that technology may not fare well during times of potential downturn, but in the case for Concur, with a strong global advantage it should take, the use of the depreciated dollar should make investors relatively happy when looking at their respective capital gains in about a year time.

-Dennis Biray
December 2nd, 2006