Cheap Stocks

We focus on undervalued small-cap stocks. Usually with a large cash cushion. We have developed a valuation formula that has been highly successful, especially on small tech stocks. Since 2006, we have closed out 49 stock positions with an average gain of 37%. 9 stocks have been taken over.

Sunday, April 30, 2006


Anounced preliminary Q1 results on 4/21. Not bad. Sales are expected to be over $44 million with positive EBITDA ($.5 million), and a GAAP loss of $.12--slightly higher than expected due to higher foreign taxes. Stock jumped to $4.40--up 16% from our $3.80 buy price. Cash grew to $39.7 million--over a buck a share. Looking good. Will update our $9.10 valuation when full numbers get published. Hold--or buy a little at this price if you did not get in.


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