Shares in the embattled computer software firm, which develops, sells and supports business application and development software, are trading at their lowest level since mid-August 2006. Prophecy downgraded its full-year profit expectations last week, which did nothing to help the stock regain part of its 30 per cent decline so far this year. The strong Australian dollar has proven to be a significant headwind and tempered the size of planned revenue growth for the company, while expenses increased in anticipation of better revenue growth, resulting in much lower profit than last year. Prophecy’s major global markets have been weakened by the financial crisis, with delays to decision deadlines on new projects, while political turmoil in the Middle East has disrupted progress on the company’s major project in the region. Acquisitions are still on management’s radar, however, with an announcement of an accepted offer expected soon.